Author Archives: admin

HARP 2.0 and Florida Underwater Properties pump up the volume.

With Harp 2.0 starting to become available now to homeowners across the country and the state of Florida this month, mortgage volume is seeing a nice spike. Right now it is mainly the loans held by Freddie Mac and not … Continue reading

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Mortgage Market Ends Week Flat after strong week

It was a holiday shortened day in the Mortgage Bond Market on Friday.  The week was a stellar one as the stock market was hammered pretty good due to the trouble in Europe.  As we get ready for HARP 2.0 … Continue reading

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Thanksgiving Day 2011

As we get ready for game 1 of our Thanksgiving Football Feast, the business of Detroit comes into focus. How many car commercials we see and how many US workers are happy today they have a job! It all started … Continue reading

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Looks like the recession is baked in at this point!

I am a big follower of ECRI and I find their stuff right on much more often then most prognosticators.

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FL Mortgage rates look to end the week just off recent record lows

Looks like the stock surge this week as expected is causing a sell off in the MBS market and thus causing a back up in mortgage rates.  They are still close to record lows but if the stock market starts … Continue reading

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Gold tops $1900 again, after strong but brief pullback

Gold is on the march higher again.  What can stop this run?  I tend to see only a stronger dollar as the key towards stopping this huge run we have witnessed this year.  Why is my mortgage blog so focused … Continue reading

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Gold in a new breakout on Deficit agreement breakdown this week

This week we saw another leg up in the Gold Market as the yellow metal broke above and settled the week comfortably above the $1,600 per ounce mark.  It ended the week very strongly as the clowns in Washington continued … Continue reading

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FL Mortgage 10 Year Bond Rate Update 7.8.11

Looking at the back up in rates this week one would normally ask is the recent rate rally over? I think that we are going to see lower rates from here based on continued weakness in the economy. Friday’s employment … Continue reading

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Jim Rogers in Latest BBC interview part 2

Part 2 Jim talks about demise of US Dollar and lack of possibility of paying off our debt.

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Jim Rogers in Latest BBC interview part 1

Part 1 is a focus on Asia and Farming.

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