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    Both Fannie Mae and Freddie Mac HARP Refi Programs available now up to 150% loan to value with no PMI - call for details.
    Writealoan.com, Inc has been in business for twenty two years. Our consumer direct internet based system allows us to offer you one of the most cost effective and convenient ways to apply for a mortgage Today! We are a Local Lender submit your Quick Application with confidence.

    April 22, 2014

    Today's market Commentary
    10:00 am ET Price

    Mortgage bond prices are slightly lower mid-morning Tuesday applying upward pressure to mortgage rates. Overall trade is quiet with a negative bias.

    Existing home sales printed at 4.59M. Economists‚?? expectations were for sales to remain unchanged at 4.6M. That data was near expectations and had no effect on trade.

    Traders will watch stocks as they wait for the results of the Treasury auction of $32B of 2-year notes. Auction results will be published by 1:15 pm ET. At the 10:00 am ET price point the Dow was up 44 points.

    According to a story in the Wall Street Journal the tech titans (Google, Apple Intel etc) had a gentlemen‚??s agreement to leave each other‚??s staff alone if they were working on special projects. Facebook declined to play along and upset the apple cart. Eric Schmidt of Google wrote an email saying, ‚??We have to make sure we don‚??t leave a paper trail‚??. If this story is true you can bet the Federal Government will take great interest in the case. Wonder how the CFPB could come to the rescue?

    Event Calendar:
    Thursday, Apr 17, 2014
    Early Bond Market Close 2pm et

    Friday, Apr 18, 2014
    Bond Market Closed for Good Friday Holiday

    Monday, Apr 21, 2014
    Leading Economic Indicators 10 am et

    Tuesday, Apr 22, 2014
    2-year Treasury Note Auction @ 1:15 pm et

    Wednesday, Apr 23, 2014
    New Home Sales @ 10 am et

    Wednesday, Apr 23, 2014
    5-year Treasury Note Auction @ 1:15pm et

    Thursday, Apr 24, 2014
    Weekly Jobless Claims @ 8:30 am et

    Thursday, Apr 24, 2014
    Durable Goods Orders @ 8:30 am et

    Thursday, Apr 24, 2014
    7-year Treasury Note Auction @ 1:15 pm et

    Friday, Apr 25, 2014
    U of Michigan Consumer Sentiment @ 10 am et

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