Mortgage Market Bonds Get Rewarded Brought To You By Charlie Thompson Nashville Tennessee Realty Mortgage Lender

The Mortgage Market Guide reports, "…as Bond Traders look ahead to the end of the coming week, with the arrival of the important Jobs Report. But maybe they should take a moment to enjoy where they are, as despite massive volatility, Bonds saw nice gains last week with home loan rates improving by about .125%.

Bond prices improved on a number of factors, including a tame read on inflation via the Personal Consumption Expenditure (PCE) index. Why? Look at it this way - if Bonds were Superman, inflation would be its Kryptonite, because of inflation’s ability to erode and weaken the buying power of the fixed return provided by a Bond. So when news arrives indicating that inflation appears to be under control, Bond prices and home loan rates improve on the favorable news".

Another interesting news bit is that major mortgage entities Fannie Mae and Freddie Mac will be moving to "Risk Based" pricing models, meaning that consumers with credit scores that traditionally have been considered "average" may soon be subject to higher interest rates. The best defense is always a good offense - so get in touch with me to discuss your own credit, even if you don’t necessarily have the need for a home loan in the cards at the moment. I can help you examine your credit and determine what actions could be taken to improve your credit score - which will save you dollars on all your credit across the board. I’m glad to help - just send me an email at cthompson@realtymortgage.comor give me a call Toll Free: 866-304-1527 . 

To read this week’s Mortgage Market Review for Dec 03, 2007 — Vol. 5, Issue 49 in full click here.

SINCERELY,

CHARLIE THOMPSON

Mortgage Loan Consultant

Office: 615-507-1307

Cell: 615-498-4240

Fax: 615-377-4994

Charlie’s primary goal is to help you obtain the mortgage that is right for you, while delivering world class service with a friendly touch.  The key to a smooth and successful loan application lies with the experience and dedication of your loan officer. As a certified Mortgage Specialist by Professional Mortgage Institute, Charlie will provide you with the expertise and personal service you deserve.

Find out more about Charlie Thomspon and Nashville Tennessee Mortgage Loans by clicking here.

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