Commentary

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES – 9/21/18

The move is very slow, and not yet a true “breakout,” but long-term rates have crept up to a new level and are poised for more, above 3.00% for the 10-year T-note and above 5.00% for lowest-fee mortgages. The immediate cause: a shift in the center of the Fed, now opposed to a pause next…

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How to Avoid Identity Theft

Following up on last weeks blog post on what to do if your identity is stolen, this week we’re being proactive and offering steps on how to prevent it. This unfortunately pertains to everyone, so read up to be prepared! The first hint that you’re at risk is any unusual activity on your financial accounts.…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES 9/14/18

This has been an odd week for news, especially today. Hence an unusual approach here. The big news for this readership is the beginning of a difficult interval for the Fed, and the bond market in early stages of destabilizing in anticipation. The 10-year T-note reached 3.00% this morning for the third time since February,…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES 9-7-18

Interest rate risk has risen again. But before that, later resuming obedience to Clinton’s Law (“It’s the economy…”), the weekly political review and attempt to talk the anxious down from trees. Being president is tough, and most behave oddly from time to time. A few months after election as FDR’s VP, Harry Truman said about…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES 8/31/18

This week traditionally marks the end of the “Silly Season,” as the media regards August because the shortage of news during vacation season promotes to page one headlines like MAN BITES DOG. The US financial world this August including the Fed has been quiet and happy. Inflation has reached the Fed’s 2% target, the economy…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES- 8/20/2018

      LOU BARNES NMLS# 317643 – MLO# 100021476 Email: lbarnes@pmglending.com Website: http://www.pmglending.com/team/lou-barnes Direct: (303)302-3837 Cell: (303) 641-4341 Fax: (303) 449-4455 Premier Mortgage Group 1844 Folsom St Boulder, CO 80302 CREDIT NEWS ARCHIVES “Your referrals to me will get the best from 37 years of mortgage experience and my heartfelt thanks.”- Louis S. Barnes…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES – 8/10/18

Untitled Document   LOU BARNES NMLS# 317643 – MLO# 100021476     Email: lbarnes@pmglending.com Website: http://www.pmglending.com/team/lou-barnes Direct: (303)302-3837 Cell: (303) 641-4341 Fax: (303) 449-4455   Premier Mortgage Group 1844 Folsom St Boulder, CO 80302 CREDIT NEWS ARCHIVES "Your referrals to me will get the best from 37 years of mortgage experience and my heartfelt thanks."-…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES – 8/3/18

Untitled Document   LOU BARNES NMLS# 317643 – MLO# 100021476     Email: lbarnes@pmglending.com Website: http://www.pmglending.com/team/lou-barnes Direct: (303)302-3837 Cell: (303) 641-4341 Fax: (303) 449-4455   Premier Mortgage Group 1844 Folsom St Boulder, CO 80302 CREDIT NEWS ARCHIVES "Your referrals to me will get the best from 37 years of mortgage experience and my heartfelt thanks."-…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES – 7/27/18

Bonds are still in denial about the Fed’s plans, grudgingly making mini-adjustments. Long-term and short-term rates rose this week, the long ones only a little but near their six-month highs, and short ones… the 2-year T-note hit a new high for the decade. The news front this week was unusually quiet. 2nd quarter GDP arrived…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES – 7/20/18

Trying to write about markets this week without mentioning the other stuff is like writing about business in 1861 without mentioning the other stuff. So with best anti-partisan intentions, today the whole thing. Markets were quiet this week. We have no metric, just hunch and anecdote, but the other stuff is affecting markets. Professionals are…

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