Jon Starr's (jonthemortgageguy) Blog

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Real Estate Mortgage Broker - West Town Savings Bank
RECENT BLOG POSTS
  Preparing to Buy a Home   Decision of buying a home is one of the most important decisions of the life-time of an individual.                   Buying a home mainly depends on how prepared you are during the process. A lot of research and thought goes into selecting your home and then purchasin...
Posted over 2 years ago
What affects your mortgage rate? There are many factors that go into what rate you get from a bank. Some things to consider, that you might not know. The following are factors that affect your mortgage rates: 1.       Is it a purchase, rate and term refinance or a cash-out refinance? Banks will c...
Posted over 2 years ago
Terrible start for all Markets today. The Week Ahead: Terrible Start to Week as Greece Nears Default Sep 12 2011, 8:03AM Markets are nearly certain that Greece will default on its debt after a weekend meeting of financial ministers in Marseille, France, failed to produce substantial action. "Grow...
Posted over 2 years ago
With the current stock markets in a frenzy and the complete haze over the future we look for interest rates to hover in the 3.875% to 4.125% over the near future. Jobless claims came in worse then expected this morning moving the Treasuries and the MBS markets to rally higher. The 10 yr. Treasury...
Posted over 2 years ago
Look for the MBS Market to show weekness as stock prices rise The Day Ahead: Reports of Stimulus Spending Give Stocks Boost Sep 7 2011 Strong GDP in Australia and rumors of a $300 billion jobs plan from President Obama have Treasury yields backing up and the stock market rebounding. The 10-year T...
Posted over 2 years ago
The Week Ahead: Safe Haven Trades Explode Sep 6 2011 Investor sentiment failed to improve over the long weekend, sending U.S. Treasury bond prices to unprecedented heights. European markets took a beating on Monday with Germany's DAX falling more than 5% and London's FTSE 100 falling 3.6%. Market...
Posted over 2 years ago
I have been watching the markets (Stock, Treasuries and MBS) over the past few weeks and have seen a strong decline in interest rates with a moderate turn back in recent days. I have been locking in 30 year fixed rates as low as 4% with no points. I have been through this before and a lot of clie...
Posted over 2 years ago
 I am looking for the markets to give back what they have gained over the past few up sessions. Remember that an up session usually, not always, means Mortgage rate are rising as well Treasuries are rebounding from Monday's losses and the equity rally looks a bit overdone, at least until investor...
Posted over 2 years ago
If you need any advice or help with a Mortgage I am here to help. There are many government programs to help you with a mortgage that may be underwater. (No pun intended for those of us in the Northeast) If a loan can get done I can do it for you. Email me any question you may have, pre-qualifica...
Posted over 2 years ago
How long will mortgage rates stay low?? Anyone? You know as well as I do that no one really has the answer, but if your believe the government they will stay low for the next 2 years, yea right. No one can predict where the economy, both US and World, inflation, rates, and really anything else. I...
Posted over 2 years ago
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