Tag Archives: Mortgage Loan Officer

A global “flight to safety,” where money flows out of other investments and into the relative safety of US Treasuries, helped draw down mortgage rates last week.  A report on China’s manufacturing industry revealed some unexpected contraction, spooking US and … Continue reading →

Easier or Harder to Get a Mortgage? With new rules in place, more coming, and a host of other changes in the financial industry, there are conflicting opinions on what will happen in the coming months and years.  According to … Continue reading →

Housing Market Condition: Current: SOFT Short-Term Projection: IMPROVING   Observations:  Fort Lauderdale’s economy is moving in the right direction as 21,900 workers were added to the payrolls over the last 12 months. Year-over-year job growth recovered after slowing the last … Continue reading →

Plenty of eco reports and of course Cyber Monday.  How do you think the week will end up?

INteresting Chart.  Judicial states (like Florida) are finalizing less foreclosures and non-judicial states are finalizing more of their inventory.  All in all this is good news as the numbers now approaching towards normalized levels, approximately 20,000 a month. http://www.mortgagenewsdaily.com/10312013_corelogic_foreclosures.asp#329969  

It appears that the Federal Reserve may have made the correct call in not beginning to taper QE3 at its last meeting. September’s employment report, released last week, revealed fewer-than-expected new jobs. Mortgage rates responded as expected, and moved downward on the … Continue reading →