Gary Rehandorf's Blog

ALL FIELDS DETAIL MLS # 617853 Status ACTIVE Type CONDO Address 901 KNOLL SHORES COURT Address 2 BLDG 1-403 City MURRELLS INLET State SC Zip 29576 Area Hwy 707 East to 17 Bypass Class CONDO/TOWNHOUSE Asking Price $209,000 Sale/Rent For Sale Display on Internet Yes Bedrooms 3 Full Baths 2 Half Bat...

I am already late and I've got a refinance application today at 9am today! That's right, I live in Michigan and I have a refinance with someone who actually has 700 credit! I jump into the shower just as fast as I jump out and before I know it I'm already stressed about my day. I deeply regret st...

The good news, another report that bolsters the stock market, the bad news, another report that crushes the bonds, that will raise rates again for a 4th straight week.  The future reports looks like rates will only get worse before they get better, so LOCKING immediately on all new loan applicati...

The Mortgage Bankers Association said more than 2.1 million Americans with a home loan missed at least one payment at the end of last year - and the rate of new foreclosures hit a record. The problem is most severe for borrowers with scuffed credit and adjustable-rate mortgages. More than 14% of ...

PHILADELPHIA (MarketWatch) -- Mortgage rates edged higher for a third straight week, Freddie Mac said Thursday, with the national average on the benchmark 30-year, fixed-rate loan hitting 6.42%, up from 6.37% a week earlier. The rate remains below its year-ago level of 6.67%.In its weekly survey,...

Sales of new U.S. homes rose 16.2 percent in April, the sharpest climb in fourteen years, while prices fell a record 11 percent, according to a government report on Thursday that showed home builders taking extraordinary steps to move houses. "You have to take this number as an outlier," said CNB...

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This property information distributed by: Sharon Overson   Sun Realty   Office Phone: 239-649-1990   Agent Phone: 239-821-7346   Fax: 239-352-9175   Email: PropertiesInNaples@comcast.net  General Property InformationAddress:2780 CYPRESS TRACE CIR #2322ML#:206049245NAPLES, Florida 34119Status:A-Ac...

The Bond Market appears to be catching its breath this morning after getting roughed up last week - and there is not an abundance of economic news ahead to potentially influence a reversal of fortune for Bonds.  Therefore, technicals and other markets like Stocks will play a bigger role over the ...

Keep locking new deals, we still have 12 bps lower before we have any kid of support....  Gary Rehandorf "Don't try to catch a falling knife."  This is what Bond traders are saying to each other in the pits as mortgage bond prices continue to drift lower with no clear signs of stabilizing just ye...