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    Tag: evan swanson

    November 2009 newsletter

    Our November 2009 newsletter is out and available.  They will be hitting mail slots this weekend.  You can click this link to view a copy.
    The cover story covers details about the extension and expansion of the home-buying credit.
    The article on the reverse side is about my academic pursuits at the University of Portland.
    Enjoy!

    Rate Update July 24, 2009

    Mortgage rates are unchanged from yesterday (mortgage rates moved modestly higher yesterday. See this morning’s you tube video to learn more about the cause of mortgage rates increasing and what we can laern from it.

    The chart below shows mortgage rates ticking higher after hitting a low:

    Rate Update July 21, 2009

    Mortgage rates appear poised to move lower this morning.  Despite positive earnings reports that have helped stocks to move higher, mortgage-backed bonds have rallied this morning thanks to comments made by Fed Chairman Ben Bernanke.

    Watch today’s you tube video for details on what he said.
    Click this link to view Fed Chairman Bernanke’s Op-ed piece in [...]

    Rate Update July 16, 2009

    Mortgage rates did move higher yesterday afternoon but have dropped back to yesterday’s levels this morning.
    For the last week we’ve been stressing the importance of the financial sector during this 2nd-quarter earnings season.  On Tuesday Goldman Sachs reported better than expected earnings which pushed rates higher.  This morning JP Morgan reported better than expected earnings [...]

    Rate Update July 10, 2009

    Overall mortgage rates are essentially unchanged this morning.
    Although mortgage-backed bond prices declined yesterday afternoon threatening to push mortgage rates higher; they have rallied this morning on weaker than expected consumer confidence figures.
    Early on in 2nd-quarter earnings season there hasn’t been too many surprises.  The bulk of reports will begin to roll out next week and [...]

    Rate Update July 6, 2009

    Mortgage rates are essentially unchanged this morning despite an economic storyline that would typically help rates move lower.
    Equity markets around the world traded lower today as investors pull back on stocks ahead of earnings season which kicks off on Wednesday.  The US Dollar is trading higher against foreign currencies and oil prices are lower.  This [...]