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California Interest Rates watch for 2/10/10
Huge gap down today snuck us back into the our old trading range “home”. Yesterdays auction was not great and there are concerns that today’s 10 year auction will be worse. Bernanke comments hurt the market as [...]

Hello this is you daily forecast of California Mortgage Interest rates for 2/5/10.
The FNMA 4.5% coupon is on the raise and the 10 years bond is down. You know what that means lower mortgage interest rates.
Lenders have already repriced for the better this morning, for the second day in a row.
Watch this California Interest [...]

Watch this Video!
Interest rate Watch for Feb 3 2010

So what have California mortgage interest rates been doing over the last week?
California home buyers and refinancers, mortgages have moved very little in the last week, but they have moved. In fact they have moved for the better. Over the last week California interest rate have dropped on a 30 year fixed form [...]

Should I wait to buy or are housing prices going to drop more. Tha is the question. If you wait, what will interest rates do? Watch this video and see if it is worth it to wait. Oh ya, tax credits end April 30th, 2010.
Watch and you make the decision. [...]

Over the next 24 days I will be providing you with 24 Tips and Tricks
#1 tip — Watch to the Lenders tricks.
Beware of lenders bearing gifts. Teaser rates have often been an important marketing tool for lenders. You are initally offered a low rate to get you in the door, but once the [...]

Hello All,
I am back after the long holiday season. Hope all had a great time. Here is the interest rate chart for today. This chart works opposite. Up means interest rates are going down and down means interest rates are going up. If you couple this chart with the 10 [...]

MBA or Mortgage Back Securities are at there lowest levels in 4 months. But I do not think they will hits there lows of August, due to governmental actions. However, the 10 year bond could be the difference maker. The 10 years is at it highest level since August too.
With all signs [...]

Interest rates ended the week with 3 days of increases. There was some better than expected economic news. MBS(mortgage backed securities)moved lower forcing lender to increase interest rates, thus increasing mortgage costs.
The retails sales report measures the monthly reciepts of both durable and non-durable goods. An increase in retail sales would lead [...]