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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 three 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.

    June 30, 2015

    Today's market Commentary
    10 am ET, pricing is set

    Mortgage bond prices are near unchanged mid-morning Tuesday holding the gains seen Monday afternoon.

    Consumer confidence printed at 101.4. Traders‚?? expectations were for confidence to come at 97.5. That data was stronger than expected however the market had no immediate reaction.

    With no more news or events on tap today traders will watch stocks. At the 10 am ET price point the Dow was up 66 points.

    Greek Prime Minister Alexis Tsipras may be going to Brussels to discuss a deal offered by the EU. While Greece will miss a payment to the IMF today, it does not constitute a ‚??technical‚?? default unless the IMF reports the missed payment. Think of it like missing the due date on your mortgage payment however you have until the end of the month before you are technically late.

    The game of chicken between the Greek government and the world seems to be playing out in favor of the world. Back in 2011 it was feared that a Greek default/exit would start a fire that could not be put out. Not so much today. Score one for the world.

    This week is jobs week with three employment reports including the Bureau of Labor Statistics (BLS) report set for release on Thursday. The financial markets will be closed Friday in observance of the 4th of July holiday. Data starts tomorrow with the release of ADP payrolls and concludes on Thursday with jobless claims and the monthly employment situation report. The Fed is laser focused on the employment creating the potential for lots of volatility. Prepare yourself and your borrowers.

    Event Calendar:
    Tuesday, Jun 30, 2015
    Consumer Confidence @ 10 am et

    Wednesday, Jul 1, 2015
    ADP Employment @8:30am et

    Wednesday, Jul 1, 2015
    ISM Index @ 10 am et

    Wednesday, Jul 1, 2015
    Construction Spending @ 10 am et

    Thursday, Jul 2, 2015
    Weekly Jobless Claims @ 8:30 am et

    Thursday, Jul 2, 2015
    Employment @ 8:30 am et

    Thursday, Jul 2, 2015
    Factory Orders @ 10 am et

    Friday, Jul 3, 2015
    Bond Market Closed for July 4th Holiday

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