Sierra Pacific Mortgage

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Mortgage and Lending - Sierra Pacific Mortgage Raleigh
RECENT BLOG POSTS
How to Calculate FHA Mortgage Insurance ( FHA MI)    What you will need: A standard calculator A piece of paper/pen A little patience An understanding of MI factor An understanding of UFMIP  Email or call me (919) 863-4370   Veterans use your VA loan NO Mortgage Insurance! www.VeteranHomeLoans.or...
08/28/2014
Current mortgage rates remain stable as International issues keep investors buying mortgage bonds. Email or call me (919) 863-4370 7 Year Treasury auction results were better than the average of the last 10 auctions.Pending home sales came ion at 3.3% vs. estimates of .6% which is great news for ...
08/28/2014
Current mortgage rates are slightly better. News of a truce in Israel wasn’t enough to convince investors that the worst has come and gone. Fears that the US may become more involved with fighting ISIS is another reason we are seeing investors buying bonds as a way to move their money to safety. ...
08/27/2014
Wow! What an interesting start to today’s trading.  July’s durable orders came in at +22.6% which is much higher than expected.  However, most of this is due to very large orders with Boeing and when you remove the transportation sector the Durable Orders were actually down .-8% which is much wor...
08/26/2014
Current Mortgage Rates are slightly better.  US mortgage backed securities continue to receive International demand which provides support for mortgage rates.   I don’t expect to see much improvement on mortgage rates but do expect them to hold pretty steady pending two big economic events this w...
08/25/2014
If you have found yourself upside down on your home don't despair.  We might have a solution for you.  Understand how and why your property value may not be what you think it is in this quick informative video.  Contact us for more information.  Please subscribe or forward this on to anyone you k...
08/14/2014
Good day North Carolina!  Current Mortgage Rate Trends- Mortgage rates are continuing the trend from yesterday and are slightly better this morning.  Remember that weak economic news usually causes mortgage rates to drop where positive economic news causes mortgage rates to rise. North Carolina C...
08/14/2014
Current mortgage rate trends in North Carolina- Mortgage rates traded in a narrow range today.  Mortgage rates started better this morning with poor readings from non farm payrolls and inventories.   Investors are keeping an eye on overseas and may buy bonds if issues escalate which may cause mor...
08/11/2014
Current mortgage rate trends August 5, 2014  Current mortgage rate trends – rates got worse today. Remember that bad news for the economy usually means lower rates and vice versa.  July ISM Services was much stronger than expected signaling a strengthening economy. The ISM is a measure of 2/3 of...
08/05/2014
The Stock market and the bond market both were weaker this morning.  Yesterday investors sold bonds after a short run up and took profits.  Some are speculating that inflation is more of a problem than the Fed is willing to admit and that has some investors worried.  Inflation can cause rates to ...
07/31/2014
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Nevin Williams

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