Sunday, October 28, 2007

What Are Interest Rates Going To Do? 10/28/07

Dear Friends,

1000's of Agents like you are asked this question every day like me. "What Do You Think Interest Rates Are Going To Do?" Now here is a customer focused report for Mortgage Market Direction:


Week of: Sunday, October 28, 2007

Presently Market Conditions Are:
Stocks surged at the end of last week gaining momentum as Microsoft's upbeat earnings and Countrywide's optimistic outlook to return to profitability in the fourth quarter overshadowed any potential worries about a plunging dollar and surging oil and gold prices. Bonds closed mixed for the week reacting to the rallying stock market.

My Expectations Are:
All eyes will be on the Federal Reserve this week as Wall Street is betting that the Fed will cut interest rates by a quarter percentage point at the conclusion of its two-day meeting Wednesday. "Fed members don't want to contribute to volatility in the market. And to the extent that the market is expecting a move, if a rate cut doesn't happen they would do that," said Keith Hembre, chief economist with First American Funds.

As Your Trusted Advisor For Life, My Guidance For You Is:
Keep in mind that interest rates change as a result of the financial markets and move upward and downward on a daily basis. Mortgage rates are still near historical lows making it a great time to secure financing. Leverage the knowledge and expertise of a trained mortgage professional to ensure you are choosing the best option to meet your financial needs.

On Your Team
Jeffrey Stanton
Your Trusted Advisor For Life

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