Reggie Green's (rpgj80) Blog

Rates Steady Eddie Before Fed Meeting Next Week October 2015 Interest rate pricing improved slightly last week and is going up slightly this week so far. The Mortgage Backed Security (MBS) closed last week up +12 bps and is trading this week down – 8 bps. Overall, interest have stayed pretty cons...

 https://youtu.be/pIe99PhmS-Q The Lender - Mortgage Outlawz - Reggie and Jack Green.

Rates Move Up Slightly from Prior Weeks 5 Month Lows October 2015 As is normal with interest rates, once rate pricing moves one way for an extended period of time, we will see a correction back. Rates hit 5 month lows on Friday October 2nd, but since then have steadily moved a little higher almos...

Rates Improve to Lowest Levels in 5 Months October 2015 Interest rates had a great week last week with the Mortgage Backed Security (MBS) market closing up every single day and closing the week up + 81 bps. With the improvement, interest rates are at their lowest levels in 5 months. The week was ...

Rates neutral after FED Announcement / Employment Report on Friday September 2015 Interest rates haven’t moved much since the FED announcement to not raise the Federal Funds rate last Thursday. The Mortgage Backed Security (MBS) market traded down – 25 bps last week. This correction was somewhat ...

Rates Improve / FED doesn’t raise Federal Funds Rate September 2015 Interest rates improved significantly on Thursday and Friday after the Federal Open Market Committee (FOMC) announced they would not raise the Federal Funds Rate. The Mortgage Backed Security (MBS) market closed Thursday/Friday t...

Rates go up slightly – Fed makes statement on rates September 17th September 2015 Interest rates went up slightly last week with the Mortgage Backed Security (MBS) market closing the week down – 28 bps. 30 year fixed rates are now available at 3.875% paying .89 points (4.05% APR), and 4.125% payi...

  Interest Rates Improve Slightly After August Jobs Report, FED meeting 10 Days Away September 2015 Happy Labor Day!! Interest rates improved slightly last week with the Mortgage Backed Security (MBS) market closing up + 16 bps for the week. This was welcome news after interest rates drifted high...

 Interest Rates Hit 3 Month Lows August 2015 Interest rates had a great week last week pushing interest rates to their lowest levels in 3 months. The Mortgage Backed Security (MBS) market closed + 73 bps and closed higher every day except Tuesday. 30 year fixed rates are now available at 3.75% pa...