Reggie Green's (rpgj80) Blog

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL   July 7th, 2014   I hope everyone had a happy and safe 4th of July Holiday weekend.   Interest rates went up last week with signals that we could have a higher than anticipated jobs report on Thursday. The June employment report confirmed t...

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY   July 1st, 2014   Interest rates improved last week after Monday with the Mortgage Backed Security (MBS) market closing up + 38 basis points.   We are still trading in a narrow range where the market usually doesn’t go ab...

INTEREST RATES IMPROVE BY .3 BASIS POINTS IN PRICING   June 24th, 2014   Last week and this week has been rather hectic with mortgage rate pricing.   Last week the Mortgage Backed Security market closed up + 41 bps marked by big movement days on Tuesday, Wednesday and Friday. This week the market...

RATES MOVE SLIGHTLY HIGHER   /    30 YEAR FIXED STILL AT 4.125%   June 16th, 2014   Interest rates moved higher over the past 2 weeks with the MBS market closing -55 bps the week before last, and -13 bps last week. The rate market has gained some ground over the past 4 days though, pulling 30 yea...

30 YEAR FIXED REMAIN AT 4.125% – BIG EVENTS ON THURSDAY AND FRIDAY COULD CHANGE RATE DIRECTION   June 3th, 2014   Mortgage rate pricing hit their best levels in close to 12 months on Wednesday of last week. The Mortgage Backed Security Market (MBS) market started last week off trading up +43 bps ...

INTEREST RATES CONTINUE TO IMPROVE – 30 YEAR FIXED DOWN TO 4.125% May 27th, 2014 Mortgage interest rates continue to slowly improve – currently at their lowest levels in 11 months. The Mortgage Backed Security market closed Monday, May 27th, trading up + 15 bps. The MBS market closed up + 30 bps ...

RATES HIT LOWEST LEVELS ON THURSDAY – RECOMMEND LOCKING   May 12th, 2014   Interest rates bottomed out on Thursday of last week. Since Thursday – interest rates have seen a market correction the other way – pushing interest rates a bit higher on Friday and Monday.   The Mortgage Backed Security (...

LISTING BOOSTER – INCREASE YOUR REAL ESTATE LISTING’S EXPOSURE FOR FREE   Listing Booster is a software system that is meant to help real estate agents better market their listings and capture leads in the process. Listing Booster is a system that I pay for that is free to you. Below are the main...

INTEREST RATES HIT 6 MONTH LOWS   May 5th, 2014   Interest rates improved to their lowest levels in 6 months last week.   The Mortgage Backed Security market (MBS) remained hot, closing the week trading up + 47 basis points.   There were multiple events last week that would normally lead to highe...

RATES HAVE GREAT WEEK – FED STATEMENT ON WEDNESDAY. April 28th, 2014 Interest rates improved or stayed the same every day last week. The Mortgage Backed Security (MBS) market closed the week trading up + 58 bps. The primary reason for interest rate improvement is renewed concerns regarding Ukrain...