Jon Starr's (jonthemortgageguy) Blog

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Real Estate Mortgage Broker - West Town Savings Bank

ARCHIVED BLOG POSTS

2011 

  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
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Jon Starr

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