East Bay Mortgage News

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Mortgage and Lending
A look into the current mortgage environment in the Tri-Valley region of the San Francisco Bay Area
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Hi everybody! It is with great regret that I post my final blog here on Active Rain. As of this week I am exiting the retail lending business and heading back to my roots in wholesale mortgage banking. I have taken an incredible opportunity to work as an account executive for an FDIC-insured bank...
10/19/2010
Cari Anderson's East Bay Mortgage Update for October 15th 2010 Economic News:  The majority of the economic reports were concentrated at the end of the week.  On Thursday Initial Jobless Claims and the Producer Price Index (PPI) were reported.  The jobless numbers were higher than expected at 462...
10/15/2010
Cari Anderson's East Bay Mortgage Update for October 1st 2010 Economic News: The Gross Domestic Product (GDP) numbers were released yesterday.  The 1.7% growth figure, while still a little weak, came in at the top end of the consensus range. Initial Jobless Claims were reported lower by 16,000 an...
10/01/2010
Cari Anderson's East Bay Mortgage Update for September 28th 2010 Economic News:  A fairly big dose of economic data will be released this week.  Today brought us the Case-Shiller Home Price Index & Consumer Confidence readings.  The HPI data was a bit of a mixed bag with the non-seasonally adjust...
09/28/2010
Cari Anderson's East Bay Mortgage Update for September 22nd 2010 Economic News:  Tuesday's Housing Starts figures beat the estimates by a wide margin.  This was mostly due to the Multi Family sector starts which rose 32.2% for August.  The Single Family component rose as well up 4.3% versus a 6.7...
09/22/2010
Cari Anderson's East Bay Mortgage Update for September 20th 2010 Economic News:  This morning's Housing Market Index was reported at 13 for September which is the same level as last month.  We will get much more information on housing later this week as Existing Home Sales will be reported on Thu...
09/20/2010
Cari Anderson's East Bay Mortgage Update for September 17th 2010 Economic News:  On Wednesday the Industrial Production numbers for August were reported and were in line with consensus.  Thursday's Producer Price Index revealed a uptick in inflation but if you exclude to volatile food and energy ...
09/17/2010
Cari Anderson's East Bay Mortgage Update for September 14th 2010 Economic News:  Today's Retail Sales Report beat consensus estimates, posted a second month of gains, and supports the opinion that while growth is tepid it is still growth.  This data supports the notion that we may avoid a double ...
09/14/2010
Cari Anderson's East Bay Mortgage Update for September 10th 2010 Economic News:  The economic reports this week boosted the Equity Markets at the Expense of the Bond Markets.  Wednesday's Beige Book Report did not hold any surprises and reflected the sentiment that the recovery has slowed a bit b...
09/10/2010
Cari Anderson's East Bay Mortgage Update for September 7th 2010 Economic News:  It is going to be a quiet week for economic data.  The stock market has started out lower this week due to questions over the "Stress Tests" in the European Banking Sector.  Wednesday will also have the release of the...
09/07/2010
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