Mortgages For People With Short Sales
If you or somebody you know has had a "Short Sale" of their home, they can purchase a new home with today's Incrediblely low interest rates. As long as they were current on that mortgage they are probably eligible. See the video above for more details
Great New Mortgage Loan Programs
May 28, 2010
Good Morning;
Watch the video for a New loan program: Great new mortgage loan programs were announced all month long.
www.agoodlender.com/myblog
Bonds are benefiting this morning from a tame read on inflation as well as investors parking money in the safe haven of Bonds to shelter themselves from the uncertainty of a long weekend.
In the news, Personal Spending was flat in April even though Personal Income rose. Rising income suggests improvement in the labor market, but the flat spending number and the increase in the Personal
Savings Rate indicate that consumers are still hunkering down.
For now, I recommend floating, as I monitor the situation. The Bond Market will close early today and will be closed Monday in observance of Memorial Day. Have a great weekend
Rodney Roloff
Director of Sales
CA DRE #1142903
Cal Coast Financial Corporation
39355 California Street; Suite 300
Fremont; CA 94538
(510) 456-3008
Dentist & Attorneys
5% Down To $1,000,000
May 26, 2010
Watch the video for a New loan program: A mortgage loan program for Dentist & Attorneys with only 5% Down to $1,000,000.
Mortgage Bonds are sharply lower on news that China will support European investments, which is helping U.S. Stocks and unwinding some of the recent flight to quality Bond trade.
In economic news, Initial Claims were reported slightly higher than expected, while the second reading on Gross Domestic Product (GDP) came in lower than the advanced reading.
The last round of Treasury auctions for the week will be today and this week's results have been so-so at best.
For now, I will continue to recommend a Locking Bias, as Stocks dominate today’s trading and technical resistance caps Bond prices.
Foreign National Mortgage Loan &
Daily Mortgage Update
Watch the video for a New loan program: A New Foreign National mortgage loan program with only 30% Down to $1,000,000.
Stocks managed to finish yesterday strong. So far this morning, that trend is continuing--with Stocks looking modestly higher, which is pressuring Bonds a little lower.
In the news, Durable Goods Orders rose higher than expected in April on stronger demand for airplanes and communications equipment. Overall, the report was encouraging, showing some improvement in the economy.
Currently, Bonds are facing a formidable ceiling of resistance. Therefore, I recommend locking in the recent gains.
No Money Down To
$1,000,000 With No
Mortgage Insurance
May 25, 2010
Watch the video for a New loan program: No Money Down to $1,000,000 with no Mortgage Insurance for Doctors. In California it is 5% down to $1,000,000 with no Mortgage Insurance for Doctors.
Fears of the escalating conflict in Korea, the ongoing financial situation in Europe, and renewed concerns that China is tapping on the financial breaks are all weighing on Stocks and helping Bonds this morning.
In other news, Consumer Confidence was reported a bit better than expectations. Normally, that news might weigh on Bonds and help Stocks, but it's being shrugged off because of the overwhelming negative news overseas.
Currently, Bond prices continue to test resistance. I recommend floating for now as I monitor the situation, but be prepared to lock if the situation changes
Clarifying Stated Income and Daily Mortgage Update
Today’s video is on the NEW LOAN PROGRAMS. Today is on clarifying stated income loans.
http://www.agoodlender.com/myblog
Mortgage Bonds are starting the day lower, as investors appear to be cautious in advance of today's Treasury auction. Yesterday's auction showed so-so results, and Bond prices lost ground as a result.
Also today, news from Europe helped Stock prices firm up in early trading. Spain announced austerity measures to help narrow its budget deficit. And Germany showed a higher-than-expected rise in its Gross Domestic Product.
Currently, prices are hovering just below a strong ceiling of resistance, but have not been able to break above it. I recommend floating for now, as I continue to monitor the situation closely.
Apartment Building Financing &
Daily Mortgae Update
Today’s video is on the NEW LOAN PROGRAMS. Today is on New Apartment Building Loans.
Bonds started the day to the upside, but are now trading near unchanged after stepping into negative territory.
The erratic behavior is due to opposing forces tugging at Bonds. Fueling Bonds is the Stock market selloff and financial uncertainty in Europe. But sentiment that the economy is improving is also pressuring Bonds. This makes the market very volatile, and important headlines like today's Initial Jobless Claims--which came in a touch above expectations--do not result in normal market reactions.
Currently, Bonds are overbought and may be ripe for a selloff. Therefore, I recommend locking ahead of tomorrow's official Jobs Report, since there is more to lose than the modest gains that might be made.
Stated Income Loans
May 4, 2010
Today’s video is on the NEW LOAN PROGRAMS. Today is Stated Income loans do exist.
Market volatility continues today, with Stocks pulled lower as investors fear the problems in Greece are far from over after public workers began to strike against the bailout plan. The move lower in Stocks is benefiting Bonds, which moved above the 100- and 200-Day Moving Averages in early trading.
In the news, Pending Home Sales for March came in a bit higher than expected – but not as high as last month’s number. Also today, the first Senate votes will be cast on the Financial Reform Bill. The looming vote is casting uncertainty into the Stock market and is contributing to the early weakness in Stocks.
For now, I recommend floating. I will let you know if a change of course is necessary.
Board & Care Facility Financing & the Daily Market Update
Financing for Board & Care, Financing for Nursing Homes, Financing for Assisted Living Facilities, Financing for Hospitals large or small
Today’s video is on the NEW LOAN PROGRAMS. Today is Board and Care, and health care facilities.
The problems in Greece have eased over the weekend upon news of a bailout, which has sent Bond markets lower as investors unwind their safe haven trade.
In other news, Personal Income rose in March and Personal Spending rose by the most in five months, while Personal Savings fell to its lowest level since September 2008. Also this morning, the Fed's favorite gauge of inflation, the Core Personal Consumption Expenditure Index, was reported in line with estimates for March.
Currently, the Bond is battling tough resistance at both the 100- and 200-Day Moving Averages. I recommend floating for now, but be prepared to lock if the situation changes
Last Day For Federal Tax Credit & New Loan Programs
Today’s video is on the last day of the tax credit and NEW LOAN PROGRAMS.
Mortgage Bonds are trading higher and now face tough layers of resistance at the 50-, 100- and 200-Day Moving Averages.
In the news, the Commerce Department's Gross Domestic Product report indicated that the economy grew for the third straight quarter, despite the report coming in slightly below estimates. Also this morning, the Consumer Sentiment and Chicago PMI reports beat expectations.
For now, I recommend floating, as I monitor the situation to see how Bonds react against the resistance they face. I will let you know if a change of course is needed.
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