Author Archive

Tom Vanderwell,

tomvanderwell

1. 

   Mortgage Market Year in Review – The Big Three

   Rather than doing my normal Mortgage Market Week in Review, I thought I’d send out something a bit different.  I’m going to, instead, take a look …More

   Mortgages By Tom Vanderwell Jan. 2 No Responses
2. 

   What are these guys at Barclays thinking?

   Okay, you recall the chart I put up the other day about increasing delinquencies in Fannie’s portfolio? And you recall the fact that Fannie Mae recently …More

   Mortgage Terms By Tom Vanderwell Dec. 31 No Responses
3. 

   Why It's Probably Not Going to Get Easier to Get a Jumbo Loan…..

   Jumbo loans, those over $417,000 and not guaranteed by Fannie and Freddie (aka you and me), are starting to see growing performance issues.    The delinquency problems …More

   Mortgage Terms By Tom Vanderwell Dec. 22 No Responses
4. 

   Upward Pressure on Mortgage Rates…..

   Bloomberg has the story about how the Treasury yield curve is steepening.     So what difference does that make?   A couple of quick points: It means that …More

   Mortgage Rates By Tom Vanderwell Dec. 22 No Responses
5. 

   FHA says "NO Thanks!"

   FHA issued an update today which basically said three things: If you do a short sale just to buy another property at a lower price, FHA …More

   FHA Loans By Tom Vanderwell Dec. 21 No Responses
6. 

   Want some insight into where rates are going?

   Every week, I’m a participant in Bankrate.com’s weekly Mortgage Rate Trend Index.  It’s a survey of many loan officers and those in the business and their …More

   Mortgage Rates By Tom Vanderwell Dec. 17 No Responses
7. 

   When This Chart Gets to $1,250,000,000,000 – Mortgage Rates Are Going to Go Up….

   So what does this chart represent?   The Fed’s purchase of mortgage backed securities.   They committed last spring to spending $1.25 Trillion worth of our money buying …More

   Mortgage Rates By Tom Vanderwell Dec. 15 No Responses
8. 

   Elevators and Stairs

   Mortgage Rates By Tom Vanderwell Dec. 7 No Responses
9. 

   Initial Reaction – Jobs Report

   Number of jobs lost – only 11,000. Unemployment – down to 10%. First Reaction – that’s going to make for an ugly day in the mortgage …More

   Mortgage Rates By Tom Vanderwell Dec. 4 No Responses
10. 

    Jobs, Mortgage Rates and $45 Billion that Bank of America found….

    Mortgage Rates By Tom Vanderwell Dec. 3 No Responses