• 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

History Rhymes and a Chart to Share – Mortgage Bonds

History Rhymes and a Chart to Share Stocks are starting the day higher while Bonds are continuing to slide lower.  It’s a quiet news day, so technical signals are in the driver seat…and boy have they been accurate.  A look at the chart on Mortgage Bonds shows the high yesterday touching exactly on the ceiling of resistance at the 200-day Moving Average (MA).  They promptly headed much lower to end

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Home Prices Show Largest Annual Increase in Nearly Seven Years

Home prices in December posted the largest annual increase in nearly seven years according to CoreLogic’s Home Price Index (HPI) report.  December was also the 10th consecutive month in which home prices increased nationally. The index that included distressed sales (sales of owned real estate and short sales) increased by 8.3 percent compared to December 2011, the largest increase since May 2006.  With distressed sales excluded the HPI increased 7.5 percent

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Technical Signals Point to Improvement January 07, 2013

Technical Signals Point to Improvement January 07, 2013 It is a very quiet news day, but there are still a lot of concerns about the spending cuts, which have been pushed back until the end of February.  There have also been concerns over the debt ceiling, which should closely coincide with the aforementioned spending debate.  And we are hearing more grumblings out of Washington that Democrats are looking for more “revenues”. 

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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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