Monday, July 07, 2008

What Are Interest Rates Going To Do? 7/06/08

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

Week of: Sunday, July 06, 2008

Presently Market Conditions Are:
Wall Street finished last week with another decline. While it was less of a drop compared to the week before, investors are showing clear dissatisfaction with the economy and seeking security in Treasuries. Investors often flock to the security of government-backed bonds when the economic climate is uncertain.

My Expectations Are:
“It’s like we’re in a rain delay, waiting for a recession to start,” said Standard & Poor's Corp. strategist Sam Stovall. Many on Wall Street believe the Fed’s hands are tied with respect to raising interest rates to ward off inflation. The concern is that higher interest rates may choke off any forward momentum the economy can muster up. This week’s economic data will be light - Housing on Tuesday, Unemployment on Thursday, and Consumer Sentiment as well as the Commerce Department’s report on the U.S. trade deficit on Friday.

As Your Trusted Advisor For Life, My Guidance For You Is:
Housing prices are favoring a buyers market and rates are still holding near historic lows. Leverage the knowledge and expertise of a trained mortgage professional to structure a mortgage solution that meets your clients financial goals.

No comments:

Legal Stuff

CNE is a registered tradmark of Negotiation Expertise,LLC Your Professional Development and the information contained in/om , www, 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