• 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

The Next Refinance Boom

The Next Refinance Boom Bonds are flat and Stocks are trading slightly lower.  Although Mortgage Bonds were down as much as 16 BP, this morning’s headlines helped erase the losses. Initial Jobless Claims fell 5,000 to 366k, a bit worse than expectations of 360k, with the previous week’s number revised a little worse as well.  This news was Bond friendly, as the memory of the strength shown a few weeks back is

Read more »

The Invisible Threshold

The Invisible Threshold   January 10, 2013 Stocks are beginning the day higher, while Mortgage Backed Securities are off to a rough start.  Yesterday morning’s advice to lock, based upon technical signals, appears to have been on the money. A quick look at the chart shows how the 100-Day Moving Average (MA) has been a tough ceiling of resistance, and prices are backing off that level this morning.  On the news front, Initial Claims

Read more »
 
Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
Real Time Web Analytics