Jack's Morning Update

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry STOCK INTEL One of the goals in becoming the best is being able to sound good when you are in…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHY MORTGAGE RATES LIKE FED HIKES Someone asked me to explain how mortgage rates would go down when the FED…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS UPDATE Top graph below is the Conventional 4.5% coupon since May 31st. Reminder that green is good and up…

CLICK TO CHAT LIVE WITH JACK YOU CAN NEVER FIX WHAT YOU DO NOT REVIEW I was speaking with a buddy of mine who owns a large mortgage company and we were talking about all of the obstacles we are encountering and he told me this story. I was at…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry WHAT THE FED DID AND SAID A couple things to note from yesterdays FED comments. The first big item is…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry PRICING ENGINES CAN CAUSE PROBLEMS One of the biggest mistakes I see loan officers make or when I hear a…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry TREAUSURY AUCTIONS Yesterday we had a 2 yr treasury auction and today we have a 5 year treasury auction. But,…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS UPDATE Last week was a decent week for rates. From Monday open to Friday close we gained 73 bps or…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Product & Guideline Highlight Knowledge That Gives You An Edge Over Your Competition GOVT LOAN UPDATES FHA / VA FICO CHANGESEffective for NEW locks on Friday July 22nd Flagstar will be…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry TRADING WINDOW I wanted to share another lesson in understanding trading windows and what we have looked like recently. Check…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry BUILDERS CONFIDENCE DECREASES The NAHB Housing Market Index although not a huge market mover is a huge indicator of what…

THIS MORNINGS QUICK LOOK START EACH MORNING WITH EASY TO READ MBS UPDATETEXT “FLAGSTAR” TO 888-290-3968 – IT’S FREE Tour De Mortgage Finance Learn Something New Everyday About Your Industry MBS UPDATE Last week we held the line with the floor we were on. Check it out below. That is…