RECENT BLOG POSTS
Seeking Loan Officers In Connecticut What's the Advantage of working for my Benchmark Mortgage team?   First off Benchmark is a direct lender with about 500 in house products and  is also a Broker! Yes a you can broker to almost 200 other lenders if you wish, you don't need permission to broker l...
08/30/2007
Credit Crisis Cripples MarketsThe purpose of this communication is not to alarm you but to alert you to drastic and irreversible changes currently taking place in the mortgage market. If you or anyone else you know will need mortgage financing in the next 18 months, you need to read this! Just a ...
08/18/2007
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Friday's bond market as opened in negative territory as yesterday's selling carries over into today's trading. The stock markets are showing gains with the Dow up 45 points and the Nasdaq up 13 points. The bond market is currently down 7/32, which will likely push this morning's mortgage rates hi...
06/08/2007
Current Price of FNMA 5.5% Bond:  $96.47, -65bp   Extremely ugly start to the morning, as Bonds plummet to lows not seen since July of last year.  As we have been saying over and over, when Bonds fall beneath important floors of support, prices are primed to get worse in a hurry...particularly if...
06/07/2007
Forecast for the Week      After last week's star-studded line up of economic headlines, the week ahead will be a big change of pace, with a super slim economic calendar containing few scheduled releases to impact market movement. But in the absence of economic report activity, Traders turn great...
06/05/2007
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