My New Blog

Daily Mortgage Update

March 30, 2010

Fannie Mae HomePath

Good Morning;

Today’s 1 minute Video Update is on Fannie Mae’s HomePath Product and the Amazing Possibilities

http://www.agoodlender.com/MyBlog

Bond prices have been volatile this morning, starting the day slightly higher before dropping 41 basis points and then improving again slightly.

In the news, the Case-Shiller Index showed that home prices appear to be stabilizing. There are still a lot of great opportunities for buyers, especially when you factor in the low rates, affordable home prices, and Homebuyer Tax Credit. But this alignment of stars won't last.

Currently, the Bond is trading between important levels of support and resistance. Therefore, I recommend floating for now. I will let you know if a change of course is necessary.

Rodney Roloff

Director of Sales

CA  DRE #1142903

Cal Coast Financial Corporation

39355 California Street; Suite 300

Fremont; CA  94538

(510) 456-3008