Bryan Flynn's Central Massachusetts Mortgage Blog

Well Bonds took a beating yesterday and long-term mortgage rates are back down to mid april 2008 level, overall still in the high 5%, low 6% range.  This morning CPI (consumer price index), a measure of inflation, moderated from 4.0% to 3.9% and if you strip out food and energy, which they call c...

Please just ignore this entry as I am just trying to verify my active rain blog with MyBlogLog.com.  Hopefully I did this correctly so I can help promote my website along with building my name recognition on google and yahoo so my clients can find me :)   Undergoing MyBlogLog Verification

Retail sales numbers were released this morning and came in better than expected.  The overall number was right in line at -0.2% but the retail number not counting car purchases was up more than double at 0.5% while the analysts were expecting a 0.2% gain. Better than expected news should be good...

I just signed up with a new website to help market my mortgage services to the consumer through a For Sale By Owner website.  People trying to sell their homes by themselves can list it on this site.  I just launched it last week and had some positive responds already.  This free service draws in...

Who is going to win the Big Dance?  I'm sure most are in some sort of a pool at work or with friends or even ESPN.  Looking to be a great tournament as always.  You can watch all the games online for free here: CBS Sportsline  I would like to hear everyone's final four predictions, and winners......

When the Fed cuts its short term over night rate it usually causes long term yields to increase, so the 30 and 15 year fixed rates tend to go up.  However, the adjustable rates which a majority are based off the the 6 month LIBOR (London Interbank Offered Rate) goes down as well.How could this he...

The Fed meets today and is coming out with rate cuts at approx. 2:15pm EST.  I would like to hear everyone's opinion / guess as to what they think the Fed will do today in terms of cutting of the Fed Funds Rate which sits at currently at 3%.  Wall Street, well the futures market, is predicting a ...

Attention Real Estate Agents!!!!I would love to hear your opinions on what you look for when choosing to work with loan officers, what impresses you, what irritates you, what is most important, what is least important. I am looking to spark up some great comments in order to help both professions...

Nehemiah won its litigation against HUD!!!anyone, anyone?Well for all that have not heard, down-payment assistance is still available.....FOR NOW.HUD wanted to ban these, but Nehemiah filed suited and won a summary judgement to allow them to continue to offer this program.  However, Congress is s...

Rates have come off their lows from Monday and have improved every day this week.  So what should we tell our clients going into this weekend, lock or float?We have retraced by more than 50% of the recent quick downturn, which for all technical junkies out there is a signal we might be running ou...