Monday, September 03, 2007

What Are Interest Rates Going To Do? 9/03/07

You like me are asked this question often. "What Do You Think Interest Rates Are Going To Do?" You know now here is a customer focused report for Mortgage Market Direction

Week of: Monday, September 03, 2007

Present Market Conditions Are:
The Commerce Department reported on Friday that inflation remained controlled while household incomes and spending strengthened in July, however these latest economic reports of July’s activities do not reflect the most recent turmoil felt. These figures suggest that consumers were in generally good shape before the credit crunch in August sent financial markets reeling.

My Expectations Are:
"The Federal Reserve stands ready to take additional actions as needed to provide liquidity and promote the orderly functioning of markets,'' said Federal Reserve Chairman Ben S. Bernanke at the Kansas City Fed's annual symposium in Jackson Hole, Wyoming. Many economists feel certain that the FOMC will lower the overnight lending rate by at least .25 percent when they meet again on the 18th of September.

As Your Trusted Advisor For Life, My Guidance For You Is:
The current market conditions dictate three essential and critical steps if you are currently considering purchasing or re-financing real estate. 1). Identify a quality source of information, 2). Identify a knowledgeable professional and listen to their advice so that proper timing and execution are achieved, and 3). Tap into the resources of a skilled mortgage professional to insure you are making sound financial decisions.

No comments:

Legal Stuff

CNE is a registered tradmark of Negotiation Expertise,LLC
JeffreysJournal.com. Your Professional Development and the information contained in/om http://www.jeffreysjournal.com/ , www,YourprofessionalDevelopment.com is the sole property of Jeffrey Stanton. the information contained is opinion only and should not me taken as legal or profesional advice. This website may not be duplicated whole or in part with out written permission.
This Site is not affilated with any othe web site and my contain links to outside web sites and is not responsible for other web sites content.

Certain statements contained on this blog may be deemed to be forward-looking statements within the meaning of the federal securities laws. The words “anticipate,” “believe,” “estimate,” “expect,” “project,” “plan,” “forecast,” “intend,” “goal,” “target,” and similar expressions identify forward-looking statements that are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, the effect of economic and market conditions including industry volumes and margins; the level and volatility of interst rates; the Company’s hedging strategies, hedge effectiveness and asset and liability management; the accuracy of subjective estimates used in determining the fair value of financial assets ; the credit risks with respect to our loans and other financial assets; the actions undertaken by both current and potential new competitors; the availability of funds from lenders and from loan sales and securitizations to fund mortgage loan originations and portfolio investmetns; the execution of growth plans and ability to gain market share in a significant market transition; the impact of disruptions triggered by natural disasters; the impact of current, pending or future legislation, regulations or litigation. The statements here are not offeres to extend credit as defined by Regulation Z. Rates, Programs, & Availability of Credit is subject to change

Jeffrey S Stanton
DRE ID # 01865119