Mortgage Rate Analysis

Here is a brief analysis of the mortgage market. I will focus on both fundamental and technical analysis. There are many ways to analyze the fundamental aspects of the mortgage market and today I will look at one aspect: the ISM services index. This index gauges expansion/contraction of the non-manufacturing or the service sector. This is important because over 80% of the US non-farm employment...

Rate Confusion

Sorry for not blogging since early December. As the holiday approaches, I have been trying to push through mortgage applications before people start taking days off from work. Meanwhile, many things have happened that will affect mortgage interest rates. I personally find everything to be quite confusing because we are getting different economic signals. On 12/4 the November unemployment data...

Attitude Adjustment

Home loans are considered as a part of life; however, most home owners look at their mortgages as financial obligations. Once you sign those loan papers, your mortgage does become a financial obligation with consequences if you do not make the required payments. Very few people see their home loans as financial instruments. Can this really be true? The obvious reason that mortgages are financial...