West Coast Real Estate

Week in Preview 6-27

Posted on June 27, 2011 | Leave a comment

End of QE 2 this week quite possibly spells the end of low mortgage rates as we know it. Expect major volatility this week with major reports and 4th of July light trading volume. MBS are taking a beating already, watch the video to get all the details you do not want to be caught off guard this week…..Find out if i’m floating or locking….

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Posted in Week in Preview

Tagged floating, locking, MBS, rates, volatile

Week in Review 6-24

Posted on June 24, 2011 | Leave a comment

This week we saw rates again hit the low point of 2011 and then get held off from moving any lower. The MBS finished off the week at the top of the trading channel ahead of next weeks economic line up of Auctions and Inflationary reports. Dont forget to pass this along to friends and family that need to refinance or purchase.

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Posted in Daily Updates

Tagged bonds, economy, MBS, rates

Week in Review 6-17

Posted on June 21, 2011 | Leave a comment

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Posted in Daily Updates

ALERT TO LOCK

Posted on June 14, 2011 | Leave a comment

Alert to Lock the MBS broke below the 200 day moving average, on rising inflationary news. Tomorrow we have the CPI numbers which could further erode the bond market given that we did fall through that 200 day floor. To exasperate the issue we fell off the Up Escalator, putting a short-term end to our rate rally.

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Posted in Daily Updates

Tagged bonds, CPI, Inflationary, locking, MBS, rally, rates

Week in Review 6-10-2011

Posted on June 10, 2011 | Leave a comment

This week was fairly quiet, except for two Bond auctions that want off, one good and one bad. The up escalator trend continued this week as well, boding well for mortgage rates. I am still taking an overall Floating position long and short. Next week is jam-packed with reports…watch the video for details….