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Reuters is reporting that foreign investors — discouraged and anxious about the debt incurred by Greece and the ensuing problems of other Euro zone economies as the result — are turning to U.S. mortgage-backed securities as a viable investment option. From January 2009 to March 2010 — as a way to spur the housing market — … Continue reading A Foreign Accent on U.S. Mortgage-Backed Securities An article in the Salt Lake Tribune today discusses when it is advisable to refinance a mortgage. Refinancing activity has been high recently with around 66 percent of mortgage applications being refinanced in October. The recent changes in the housing market and mortgage rates have made it confusing for borrowers to ascertain what may be a … Continue reading When Should You Refinance? Mortgage Backed Securities have lost some steam as we get close to the Continue reading Weekly Finance Review – November 12, 2009 Last Week A good week for the interest rate markets. Mortgage interest rates declined about 10 to 12 basis points, the 10 yr note yield continued to find strong technical support at 3.50%. The Treasury once again successfully sold $123B of notes in four auctions. Consumer confidence measured by The Conference Board declined more than expected, … Continue reading Weekly Finance Review Second to none, AFS holds the highest regards for our clients; we will always get the most reasonable quotes and do honest business in the most reasonable amount of time. With so many choices to choose from, make your choice easy and beneficial by choosing AFS for all your financial needs. |
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