In the past few months, Ginnie Mae has homed in on lenders whose mortgage bonds have higher refinance
rates than the rest of the market.
Not exact matches
At one level, most
of these businesses appear to be success stories: On average, these companies grew profits in their developing
market subsidiaries by 15 % a year from 2005 to 2010, more
than twice the profit growth
rate in the
rest of the business.
A study says the percentage
of car loans made to buyers with the poorest credit
ratings is growing faster
than the
rest of the auto finance
market.
Nevertheless, the apparent success
of the ECB's policy in overcoming the threat
of deflation increased speculation about a potential tightening
of monetary policy, possibly even before the cessation
of the central bank's bond purchases — scheduled to continue for at least the
rest of the year — and in the wake
of the ECB meeting pushed
market estimates
of the odds
of a rise in official interest
rates before the end
of 2017 to more
than 50 %.
Emerging economies are expanding at a faster
rate than the
rest of the world combined, increasing their
market share
of food and beverage distribution services, said the
market research.
Avatar Holdings (AVTR): 3rd quarter results were dismal along with the
rest of the housing
market; revenue was down and there continued to be a significant net loss, albeit at a lower run
rate than the same quarter in the prior year.
These
markets have been appreciating at a higher
rate than the
rest of the nation for the last 50 + years... check the long term track record
of housing prices if you don't believe me, they're public record.
Ryan mentions that Facebook founder Mark Zuckerberg may have purchased a home in California; Ryan reviews the economic events
of the prior week; Ryan notes that interest
rate are still heading down; Ryan notes that the DC real estate
market is competitive on the buy and rent sides and that would be renters in the DC area are turning into would be buyers; Louis notes that the DC housing dynamic is different from the
rest of the country where housing prices are down and there is plenty
of inventory; Louis notes that if it is cheaper to buy
than rent that it makes sense to get a long term low interest
rate loan; Louis talks about the benefits
of visiting HomeGain.com; Louis discusses the HomeGain FSBO vs. Realtor survey and the advantages
of hiring a REALTOR; Louis and Ryan discuss the HomeGain home improvement survey and recount the types
of home improvements that provide the best return on investment; Ryan and Louis talk about pricing strategies for selling a home; Louis and Ryan discuss the differences between pricing a short sale and pricing a non short sale home; Louis notes pricing a home too high may keep the home on the
market a long time and that the more days a home is on the
market makes a home look like damaged good; Ryan describes short sales as foreclosure avoidance and discusses the impact
of each on FICO scores; Ryan talks about the options that people with underwater mortgages have; Louis mentions that 72 %
of home buyers and sellers pick the first real estate agent they meet and points out the value in comparing agents first using HomeGain's Find a REALTOR program; Louis can Ryan discuss the level
of shadow inventory the impact on sellers as more inventory gets released;
Ryan discusses the death
of Osama Bin Laden; Ryan reviews the economic news
of the week; Ryan notices the correlation between increased home sales and interest
rate drops; Louis notes we can't expect the housing
market to be supported by further decreases in
rates as they are already near historic lows; Ryan explains that interest
rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest
rate; Ryan advises the importance
of keeping in touch with your mortgage lender; Louis notes that interest
rates change a lot faster
than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest
rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact
of higher oil prices on the
rest of the economy; Louis also remarks on Bernanke's view
of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony
of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices
of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest
rates low; Ryan notes that the Fed knows that they can't let interest
rates rise because
of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep
rates low or let interest
rates rise and cut off the recovery.