Michael Haigh's (mhaigh) Blog

Mortgage and Lending - W J Bradley / The Michael Haigh Team



Mortgage markets improved last week as Wall Street's concerns about the Middle East trumped its fears of inflation. Conforming and FHA mortgage rates fell to a 3-week low. Last week marked the second straight week in which mortgage rates fell, a streak that follows four straight weeks of climbing...
Mortgage rates are up 0.875% since mid-November, causing home buyer purchasing power to fall more than 10 percent since. Persistent concerns over inflation are a major reason why and this week's Consumer Price Index did little to quell fears. CPI rose for the third straight month last month. Wall...
Mortgage markets improved slightly last week, rebounding from the worst 1-week loss in recent history. The gains were geopolitical, however; the result of instability in the Middle East region. Economic data was overlooked as investors made a broad-based flight-to-quality. For just the second tim...
Consumer credit topped last week’s financial headlines, with the Federal Reserve’s figures for December coming in at nearly triple analysts’ expectations for the month. While experts had expected December’s consumer credit to ring in at roughly $2.5 billion over November, it jumped a whopping $6....
The first person on my team is Jerry Hsiang and we have been working together for almost 5 years now. We started working together at Citibank, briefly moved to Chase, and are now here at W.J. Bradley. He is my right hand and does a lot of client interaction covering the details of processing and...
The Federal Reserve released its January 25-26, 2011 meeting minutes Wednesday afternoon. mortgage rates have been in flux since. Fed Minutes are comprehensive recaps of Federal Open Market Committee meetings; a detailed look at the debates and discussions that shape our nation's monetary policy....
Annualized Single-Family Housing Starts dropped 1 percent in January to 413,000 units nationwide, it's lowest reading almost 2 years. A "Housing Start" is defined as a home on which construction has started.  Now, if you had only seen the Housing Starts story in the headlines today, you wouldn't ...
Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway. The confidence reading is recorded and reported monthly by the National Association of Homebuilders. For the 4th straight month, the group's Housing Market Index re...
W.J. Bradley is a privately held independent mortgage lending firm, founded in 2003. We are committed to helping consumers obtain real estate financing targeted to their personal financial needs and goals. We're here to help you every step of the way with options and servicing that will get you ...
If consumer spending is a keystone element in the U.S. economic recovery, a full-on rebound is likely underway. Tuesday, the Census Bureau released its national January Retail Sales figures and, for the seventh straight month, the data surpassed expectations. Last month's retail figures climbed ...

Michael Haigh

Ask me a question
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the pants to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: