Author Archive

Tom Vanderwell,

tomvanderwell

  1. Mortgage Market Year in Review – The Big Three

    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 […]

  2. What are these guys at Barclays thinking?

    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 […]

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

    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 […]

  4. Upward Pressure on Mortgage Rates…..

    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 […]

  5. FHA says "NO Thanks!"

    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 […]

  6. Want some insight into where rates are going?

    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 […]

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

    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 […]

  8. Elevators and Stairs
  9. Initial Reaction – Jobs Report

    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 […]

  10. Jobs, Mortgage Rates and $45 Billion that Bank of America found….
  11. 1 Full Percentage Point?   That would leave a mark…..

    1 Full Percentage Point? That would leave a mark…..

    Okay, this Mr. Sack guy is the guy who manages the Fed’s day to day dealing with the financial markets.   Here’s what he had to say […]

  12. It's going to get harder to get an FHA loan……

    It's going to get harder to get an FHA loan……

    We’ll get more details later today, but it looks like it’s going to get harder and be more expensive to get an FHA loan.   A couple […]

  13. Pending Home Sales, Dubai and the ISM – what do they mean for mortgage rates?
  14. A Question That Needs to be Asked More Often…..
  15. A Question That Doesn't Get Asked Nearly Enough…..