JP Marzano's (themortgagecall) Blog

Good morning…  I hope you all had a great holiday weekend. I didn’t realize how red I got from being out on the tennis courts all day until it literally felt like someone was putting an iron on my forehead. I’m very thankful for aloe plants!   On today’s call: Markets, Housing, Purchase Contract...

The consumer sentiment index rose to its highest level since in May since October 2007, despite a tough month on Wall Street and worsening conditions in Europe. This is the higest level since the recession ended (I guess I figured it hadn't?). On Wall Street, all the major indices are down (Dow J...

Good morning... Just a few notes as we move to the middle of the week... The Mortgage Bankers Association's refinance index increased 5.6% while its purchase index fell 3%                                         - I think the refinance figure is influenced heavily by the HARP 2.0 program now bein...

Good morning…   I hope you had a nice weekend. If traffic is going to be as non-existent as it has been the last few days, they can invite as many protesters to the city as they want! If you went near the conference at McCormick, I hope it was, at the very least, exciting.  Thank you to those of ...

Good morning! Time for The Mortgage Call's monthly market update. Take a few minutes and watch this month's slide-show below to get a "cliff-notes" version of what's been going on with our economny (Hint: it's not gaining speed) http://www.kendalltodd.com/video/MarketUpdate5-2012/player.html (Thi...

Good morning…   I hope everyone had a good weekend. A Happy belated Mother’s Day to all the Mom’s reading this. It couldn’t have been a nicer day.   On today’s call: Poll, Markets, Housing, Interest Rates   -        I thought I’d change things up slightly and create a poll. I need your feedback (...

Good morning…   You know you’re in a good mood when you lock yourself out of your car during a downpour and laugh hysterically. Food for thought this week!   On today’s call: Markets, Housing, Interest Rates/10 year yield LOW!   -        Elections in Greece and France dominated investors attentio...