Monthly Archives: January 2012

FOMC & Mortgage Rates

Posted ago by Cary Cox

ShareThe FOMC met today and for whatever reason the bond market loved it at first glance. Mortgage-Backed Securities are now trading +64 Basis Points on the day. Correcting a short-term down-trend which had led to higher mortgage rates over the …

Mortgages With Non-Occupying Co-Borrowers

Posted ago by Cary Cox

ShareMany times in order to qualify for a mortgage loan the person occupying the home may not qualify for the mortgage on their own. In many cases a Non-Occupying Co-Borrower can be added to the mortgage loan so that the …

Houston Mortgage Weekly Review

Posted ago by Cary Cox

ShareWe have a great review of the past week’s mortgage activity by Lou Barnes at ratewatch.com showing lots of things happening on multiple-fronts that will affect mortgage rates going forward. More positive US data and relaxation of European frights have …

Mortgage Outlook Part II

Posted ago by Cary Cox

ShareWe continue our series of the mortgage outlook for 2012 with a report from another great in the mortgage business Bill Fisher. Bill takes a more optimistic outlook than the author of our first in this mortgage outlook series. Here’s …