There is constantly a disconnect in the way property value is perceived through the eyes of an Appraiser versus the eyes of a Real Estate Agent. The best way to bridge this gap is proper communication and education as to the specific measures taken by an Appraiser to render the final opinion of
...
09/12/2014
The bad run on rates continues...! Compared to Thursday's closing, the market has opened with a 0.250% WORSENING for the Points/Credits associated with any given interest rate option. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual
...
09/12/2014
Mortgage Backed Securities are starting off the month on the defensive as the long holiday weekend provided little in the way of geopolitical headlines. The ISM Index & Construction Spending both came in above expectations. Compared to Friday's closing, the market has opened with a 0.250% WORSENI
...
09/02/2014
July Industrial Production increased 0.4% from June, which was close to expectations. Capacity Utilization rose to the highest level since June 2006. July PPI increased 0.1% from June, matching the consensus, and it was 1.7% higher than one year ago. Core PPI, which excludesfood & energy, increa
...
08/15/2014
Weak economic data in Europe has lifted Mortgage Backed Securites this morning. German GDP growth was lower than expected. In the US, weekly Jobless Claims rose to 311K, above the consensus of 300K. July Import Prices declined 0.2% from June, matching the consensus. The Dow is up 20 points. No mo
...
08/14/2014
Weaker than expected economic data has lifted Mortgage Backed Securities this morning. July Retail Sales were flat from June, below the consensus for an increase of 0.2%. Retail Sales ex-autos also fell short of expectations. Compared to yesterday's closing, the market has opened with a 0.125
...
08/13/2014
Geopolitical events continue to drive Mortgage Backed Securities (MBS) today. US airstrikes in Iraq caused MBS prices to rise. Reports that Russia may be willing to negotiate with Ukraine caused a brief decline in MBS, but Investors were skeptical about the offer (causing MBSA to quickly turn upw
...
08/08/2014
San Diego Homebuyer Down Payment Assistance Grant loan programs are available for select candidates. Although eligibility and qualification guidelines are constantly subject to change, below is a reflection of what the program is, along with an idea of who will qualify. The benefits for these San
...
08/04/2014
Following an extremely volatile week, it has been a quiet morning. The Dow is down 40 points. No economic data will be released today. Investors will be mostly watching events outside the US this week, including conflicts in Ukraine and the Middle East, banking troubles in Portugal, and a debt de
...
08/04/2014
On the heals of a rough day in the market, we have continued this disturbing rate trend today. Mixed economic data has caused a volatile morning. Two early economic reports were negative for Mortgage Backed Securities (MBS). The Employment Cost Index which measures the cost of labor, increased du
...
07/31/2014
