Financial Market Minute: Courtesy of Fuller Asset Managment

Financial Market Minute:  Courtesy of Fuller Asset Managment

Today everyone is always wondering what is going on in both the mortgage and financial markets. I am great at breaking down the mortgage markets, but I decided to team up with Fuller Asset Managment to provide my readers information on the Financial Markets. This will be a new segment that will be posted every [...]

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Interest Rate Commentary: November 28, 2008

Interest Rate Commentary:  November 28, 2008

Late positioning for the month spurred buying in both stocks and Treasuries today but light volumes in abbreviated sessions may have exaggerated price moves. Some safety flows favored bonds as news of terrorist activity in India continues to come in. Events that may have an impact on the markets often motivate investors to seek areas [...]

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Interest Rate Commentary: November 3, 2008

With the exception of the long bond, intermediate and long-dated Treasuries are up this morning, though off earlier highs. Stock prices are mixed to modestly higher in choppy trading. Today’s economic news was mixed but the major release was much more bearish than observers were expecting. The Institute for Supply Management (ISM) said its index [...]

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Understanding the Factors that Affect Your Mortgage Rate

Understanding the Factors that Affect Your Mortgage Rate

A question that is asked every day in the mortgage business from clients is where the interest rates are heading. The truth is all mortgage advisors wished we had a crystal ball and could answer that question for you. With the financial markets in so much turmoil, the tradition tools to help gauge the market [...]

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Fannie and Freddie Bailout = Lower Mortgage Rates

The international markets have finally moved back in and the investor confidence is up again for mortgage backed securities since the announcement of a government bailout.  This had a direct impact Monday on mortgage rates across the board.  What does this mean to the end consumer? It means that you should be able to take [...]

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Gary Miljour
Mortgage Consultant
MyCityLender
2350 E. Germann Road, Suite 34
Chandler, AZ 85286

Office: 480-945-4545
Mobile: 480.251.0002
Fax: 480-945-4546

MyCityLender | NMLS ID: 207208 | ARIZONA MB-0910380

Gary Miljour, Licensed Loan Originator NMLS#207208

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