Category Archives: FL Mortgage Market Update

Mortgage Purchase Applications up Slightly thisThanksgiving 2017

We see mortgage rates heading down in to the US Holiday with Purchase Mortgage Applications up just slightly as we head into Black Friday Shopping Season. As spending turns to things other than housing will the Purchase Market continue to … Continue reading

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Blackstone’s massive move into US Real Estate and Financing hurting stock!

It looks like the more that BX moves to be one of our nations top landlords and Real Estate Banker, the more it’s shareholders are getting crushed.  You can see by the chart below that the last half year that … Continue reading

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US Government Bonds were very strong on Friday into the Big Selloff in Equities

Mortgage rates had a nice day and this is encouraging given the reality that the FED will most likely be moving short term interest rates higher on the 16th at their next FOMC meeting.  When the world starts to panic … Continue reading

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Mortgage Rates Drop Again

We had a nice rally in the proxy for the mortgage bond market with the TLT rallying to a price of 116 before backing off a bit late on Friday afternoon.  When the TLT rises the 10 year yield on … Continue reading

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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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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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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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Original Keynes vs Hayek version 1 rap

I thought I should post the first video in the series since everyone loved the most recent version.

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