Mortgages, Finance and Economics - Quality Loans from Dan Hartman

Home starts down 5%; Corporate results disappoint - Daily Mortgage Rate Update for July 20th, 2010 We learned yesterday that builders of new homes and condominiums are not happy with the state of the makret for new home construction. Today, we saw exactly why, as new home consruction was reported...

Inflation stays low; bank profits up, but revenues down; Financial reform coming - Daily Mortgage Rate Update for July 16th, 2010 Please visit http://provincemai.com for the full text of today's update. Mortgage rates are better today after reports have indicated that inflation is very low. The c...

Core inflation a mere 0.1%; Manufacturing growth slows in Philly, Empire Fed indexes; 30-year fixed rates hold at 4.57% - Daily Mortgage Rate Update for July 15th, 2010 In a week filled with important economic data, no day brings more of that data than today. Inflation, 3 different manufacturing ...

Alcoa, CSX beat expectations; Trade deficit up; treasury auctions later - Daliy Rate Update for July 13th, 2010 When two companies that are a backbone to other corporate activity both report better-than-expected profits and revenues, you can bet that the rest of corporate America is probably doin...

Corporate earnings, inflation, Treasury borrowing, will dominate week; Mortgage rates the lowest they’ve ever been – Daily Mortgage Rate Update for July 12, 2010 There's plenty of news coming later this week, after a very quiet, Independance-day-shortened week. Between Treasury borrowing, corpora...

Wholesale inventories nominal; Investors seek to hedge positions going into busy week; Next week's preview; New Feature: The Rumor Mill - Rate Lock Report for Friday, July 9th, 2010 In spite of the relative lack of data this week, mortgage pricing has still been a little more volatile that might ...

Traders gobble up data suggesting worldwide growth may be stronger than expected this year; Unemployment claims fall more than expected; Mortgage rates at new lows - Rate Lock Report for Thursday, July 8th, 2010 Stocks got a nice bump yesterday as bargain-hunting traders swooped into financial se...

Yesterday's market dominated by "double dip" recession fears; Today's data suggests things MAY not be that bad - Rate Lock Report for July 7th, 2010 If you're unhappy with the pricing improvements we received yesterday, please raise your hand. Anyone? I didn't think so. Would you like to know why...

Service Sector Growth Misses Expectations; Accounts for 80% of all US Jobs - Rate Lock Report for July 6, 2010 Today marks the start of a short, quiet week, from the perspective of economic data. We will receive exactly two pieces of interest-rate-influential data this week; one the Institute for...

Overall, 125,000 jobs lost; unemployment rate falls to 9.5% on discouraged workers; Only 83,000 private-sector jobs added - Rate Lock Report for Friday, July 2nd, 2010 As I predicted yesterday, the highlights of today's monthly jobs report were too few private-sector jobs added, and too many disc...