John Reising's (jreising) Blog

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Mortgage Banker - AmeriFirst Financial, Inc.

ARCHIVED BLOG POSTS

2011 

  Mortgage markets improved last week ahead of Memorial Day and a 3-day weekend. Bond pricing ending the week higher, pushing conforming mortgage rates in Arizona down for the 5th week out of six. Most economic news reported worse-than-expected. Initial Jobless Claims increased sharply, GDP was ...
Posted almost 3 years ago
First Last Phone Email Question Enter the following word apple 27555 North 103rd Way Custom Home in Estancia Scottsdale, AZ 85262 Home Page Photo Gallery Virtual Tours Property Map What's Nearby Payment Info Find Out More Area Schools City Demographics Print Brochure Facebook LinkedIn Twitter MyS...
Posted almost 3 years ago
Mortgage rates across the state are near year-to-date lows, but locking them in this week may be difficult. As Memorial Day nears, and Wall Streeters get a head-start on the long weekends, trade volume in the mortgage bond markets will dip. When bond volume drops, mortgage rates get jumpy. It's ...
Posted almost 3 years ago
Mortgage markets were unchanged last week, despite improving on four of five days. Economic data was worse-than-expected almost across the board, but neither FHA nor conforming mortgage rates in Arizona budged. Instead, markets grappled with the just-released Fed Minutes which weighed heavily on...
Posted almost 3 years ago
            The Federal Reserve released its April 2011 Federal Open Market Committee meeting minutes Wednesday. In the hours since, mortgage markets have worsened; rates in Arizona are higher by 1/8 percent this morning, at least. The "Fed Minutes" is published 8 times annually, three week afte...
Posted almost 3 years ago
Mortgage markets worsened overall last week for the first time in 5 weeks. Better-than-anticipated economic data plus dwindling concerns for Greece's sovereign debt combined to a spark a bond sell-off. Conforming mortgage rates moved higher in Arizona as a result.Rate shoppers were hit especiall...
Posted almost 3 years ago
Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your finances. Running a close second is the negative stigma which is often attached to the process. This negativity is important to mention because strong emotions can sometim...
Posted almost 3 years ago
Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It's hard to pin them down. For example, in 2011, mortgage rates have expired every 3-and-a-half hours, on average. That's fast. There's two main catalysts for changing mortgage rates. The first can be ...
Posted almost 3 years ago
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John Reising

Licensed Mortgage Professional
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