OVER 50 PAGES of Market Data, Analysis and Breakdown from 2013 and beyond!

Below is a list of SOME of the critical topics being covered.
Expert charts and analysis by top industry and real estate experts!
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Below is a true incident that happened to at least 1 and potentially thousands of mortgage applicants!

At 11am I got a voice mail from a potential client looking to buy his first home.
After about 5 minutes of conversation, [...]

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According to the National Association of REALTORS®, 4.82 million “existing homes” sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011.

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Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.

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For the first time in 9 weeks, mortgage rates have made new lows.

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On September 13, 2012 the Fed announced QE3 which included purchasing over $40B (with a “B”) in monthly mortgage backed security bonds on top of their current MBS buying activity. After some immediate and dramatic volatility, that news sent bonds soaring. By day’s end bond pricing was reaching historical [...]

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Stocks surging. Treasuries selling off. Mortgage Bonds all over the place.

Federal Reserve agrees to buy additional Mortgage bonds of $40B per month. Not treasuries. “To be reviewed in coming months”. In addition, “more is possible if the economy doesnt improve”

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Real median income decreased 1.5% in 2011 to $50,054, down from $50,831 in 2010.
The 2011 real median household income was 8.1 percent lower than in 2007, the year before the most recent recession, and was 8.9 percent lower than the median household income peak that [...]

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The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.

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Mortgage rates rose slightly in last week’s holiday-shortened week.

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Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.

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Beginning as soon as next week, conforming mortgage applicants will be subject to higher mortgage rates. It’s part of the Federal Housing Finance Agency’s plan to render Fannie Mae and Freddie Mac less competitive in the marketplace.

“G-Fees” : Insurance For Fannie Mae [...]

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Do as I say, Not as I do!

(MarketWatch) Thomas Marano, chief executive officer of Residential Capital, wrote me a letter.
“Dear Homeowner,” it begins. (That’s me, homeowner.)

“As you may have read or heard, Residential Capital LLC recently announced that it and its subsidiaries, [...]

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More than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and Federal Housing Administration loans that require only a tiny down payment are partly to blame.

That [...]

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More than four years into the housing crisis, the powers that be finally have created new rules to make the short sale process easier and speedier.

Starting in June, mortgage servicers will no longer take months or years to respond [...]

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Virtually every market traded lower yesterday following the Federal Reserve release of the March 13th Minutes. Bonds lead the way with the 10yr US Treasury jumping to over 2.30%, and the Mortgage Backed Security (MBS) yields losing over 70bps yesterday “minutes after the [...]

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Each quarter, Fannie Mae releases their National Housing Survey. They survey the American public on a multitude of questions concerning today’s housing market. We like to pull out some of the findings we deem most interesting each time it is released. Here they are for the [...]

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“Better” economic data has mixed influence on committee members and leads to a divided Fed!

Differing outlook by members of the Fed cause sell off in Stock and Bond Market.

Mortgage Rates set to increase based on news…


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Delay is preferable to error.
— Thomas Jefferson