• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Abrupt Reversal For Markets Leaves Rates At Recent Highs

Mortgage rates did a complete 180, reversing yesterday’s improvement, and taking rates back in line with recent highs.  That sounds fairly ominous, and in the sense that further weakness would mean new multi-month highs, it is.  But less ominous is the fact that rates continue to operate in a narrow range where the only major day to day changes have been seen on the COST side of the equation.  There’s further

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Where Do Prices Go from Here? January 25, 2013

  Stocks are starting the day higher, with the S&P 500 within 65 points of its all-time high. Bonds fell out of bed angry this morning and are much lower… but this should not be a surprise. We have had a bias towards locking the entire week, and advised a firm locking stance yesterday morning. You should be in great shape having avoided this decline in Mortgage Bonds. The media missed it

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Loan Officer Compensation Rules Finalized

The fourth and last of the final regulations coming from the Consumer Financial Protection Bureau under the Dodd-Frank Wall Street Reform and Financial Protection Act was released Friday afternoon.  This rule addresses the causes of what CFPB Director Richard Cordray said was one of the reasons for the collapse of the mortgage industry, the steering of consumers to high-priced loans. It was common for at least a portion of the compensation

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Rob Chrisman June 4: Mortgage jobs; The tortilla industry’s relation to LO & Realtor comp; thoughts on MBS versus rate sheet prices

Rob Chrisman June 4: Mortgage jobs; The tortilla industry’s relation to LO & Realtor comp; thoughts on MBS versus rate sheet prices: I know that some folks only read the first paragraph of this daily blather, and then skip to the joke. That’s why I am putting this in now: YellFromTheMountainTop. Don’t say that you never commented on the plethora of things the CFPB is considering, especially QM – the borrower’s ability

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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