Dave's Blog

By
Mortgage and Lending - Signet Mortgage
Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.
RECENT BLOG POSTS
Big new this week in Commercial financing: > Owner-user SBA 504 Refinancing regs were published effective Wednesday with some very favorable changes. More on these rules below but first a quick refresher on SBA-guaranteed, owner-user financing. Programs include the 7(a) program that is ideal for ...
10/17/2011
News of the week was dominated with Jobs. First it was Steve Jobs, one of the great american visionaries. More here. I worked for Apple at the Cupertino headquarters during the sad period when Jobs had just been "fired" around 1990 (worst corporate executive move in history, thank you John Sculle...
10/10/2011
Interesting sidenote on Operation Twist.  The name comes from the original Operation Twist the Fed implemented some years ago. That's right. The first operation to shift funds from short term to longer term was in 1960.  Right about the same time this little number was all the rage: Chubby Checke...
09/26/2011
The Fed’s FOMC meeting announcement on Wednesday started a small landslide in the global equity markets. The impact on bond markets and interest rates were significant and have painted a new picture for expectations in interest rates. The 10-yr Treasury is the most important indicator in the comm...
09/26/2011
This is from my Niece, Tara, a graduate assistant instructor at BYU on Belief, Hope and Choosing.  It is very sweet.  I choose to believe in America too.  Thanks Tara.  You can follow her blog at this site http://taratboyce.wordpress.com/ or by clicking here.  Enjoy! Dave Woodland TEN YEARS LATER...
09/12/2011
Here is a candlestick chart of the most common Mortgage-Backed Security or MBS (3.5% 30-yr FNMA) and its activity over the past 90 days.  I’ll be happy to cover any of it in detail, but in general the candles represent the price of bonds (when price goes up, yield goes down and rates improve).  M...
08/23/2011
Here’s some good news! Check out this list of deals for what Signet Mortgage can do for you and your clients: Commercial: - Construction completion bridge-loan for a specialty retail outlet in Central OR - Start up restaurant, commercial real estate - retail purchase - Franchise, quick-serve rest...
07/13/2011
The jobs market provided a terrible roller coaster for job-seekers and bond-buyers this week. The news issued on Friday that jobs created were only 18,000 for the month of June was bad enough on its own (expectation was 125,000 and whispers had it much higher) but to top it off it came on the hea...
07/13/2011
Today, ADP put out their estimation of the jobs numbers. Tomorrow the Bureau of Labor Statistics (BLS) will issue their official report for June (albeit, full of estimations.) The consensus is that private, non-farm payroll (NFP) jobs will grow by 110,000.  This is better than prior weeks going b...
07/07/2011
A quick note on some of Signet’s Commercial Loan Programs. For OWNER USERS: the SBA guaranteed programs are fantastic. We have a number of lenders offering 504 loan options with up to 90% loan to value. The terms include a 20 year fixed government debenture which has been running (and will likely...
06/14/2011
Rainmaker
57,884

Dave Woodland

Your Bend, OR Friendly, Knowledgable Mortgage Professional
local_phone(541) 318-0888
smartphone(541) 749-0006
Contact The Author
At least weekly, I write about what is happening that may affect interest rates and mortgage-backed securities for the coming days.