My New Blog

VA "Funding Fee"

Daily Mortgage Update

April 14, 2010

Good Morning;

Today’s 1 minute Video Update is on how small the VA “funding fee” is on a VA Loan

http://www.agoodlender.com/MyBlog

After hitting a ceiling of resistance yesterday and being turned lower, Bond prices attempted to rally this morning only to be pushed back again.

Helping Bonds improve in early trading was the Consumer Price Index for March, which met expectations. While the report indicates that inflation isn't a problem yet, there are reasons to question whether inflation is really as low as it's being reported. Also in the news, Retail Sales in March were up significantly from February.

With Bond prices currently in negative territory, I recommend locking at this time.

Rodney Roloff

Director of Sales

CA  DRE #1142903

Cal Coast Financial Corporation

39355 California Street; Suite 300

Fremont; CA  94538

(510) 456-3008