Friday, September 5, 2008

"You" Magazine Thank You

I love "YOU" magazine!! Thanks bunches! Really good articles!

Christine Bybee, Branch Broker, RE/MAX Realty Group

Thursday, September 4, 2008

Roger and Gaby Lind

Penny Florence, Gaby and Roger Lind, Julie Neerings and Marty Qualls, Closing at United Title Services-Nette Ray Escrow Officer, 9/04/08. Penny and Julie are with Keller Williams Realty.

"The two best things about working with Marty were his dedication and commitment to us and getting our loan done!" Roger and Gaby Lind, Closing September 4, 2008

Rate Watch 9/4/08: Float

Bonds have broken above the 200 day moving average and preliminary jobs reports estimates (from the report to be released tomorrow) indicates Bond friendly numbers. It will be prudent to float into tomorrows report and see if we can continue the rate improvements we have enjoyed the last two days.

Utah Housing Rate Update: 9/04/08

FirstHome and FirstHome Plus
Mortgage Rates

Wednesday, September 3, 2008

Rate Trend Index

Aug. 28 - Sept. 3
This week, the panelists were almost evenly split. A little over one-third believe mortgage rates will rise over the next 35 to 45 days, and a little over a third believe they will remain relatively unchanged (plus or minus 2 basis points). Almost one-third think rates will fall.
Down: 28%

Average Mortgage Rates 9/3/08

Conventional Loan: These averages include 1.75% discount point, origination fee of $795, $400 appraisal, Title Fees, assumes 20% equity, Loan size of $160,000, Credit Score of 720. FHA Loan: .35% higher in rate, 1.375% discount point, $795 origination fee, $150,000 Loan size, 600 credit score, 3% equity, $400 Appraisal, Title Fees

30 yr fixed mtg

15 yr fixed mtg

5/1 ARM

Rate Watch: Carefully Floating

With a tough 200 day moving average just overhead, it is prudent to float for now, but be prepared for a change in direction. Boston Fed pResident Rosengren is scheduled to speak this afternoon which could cause a ripple in the Bond market. Oil continues to trade just below it's 200 day moving average, which is noteworthy, since the last time it traded below this level was in March of 2007, when oil was trading at $62 per barrel. It appears that in the Fed Fund Futures there is little chance that the Fed will raise the discount rate when they meet September 16th. I will watch the market carefully today and will let you know if there is a change in direction.

Monday, September 1, 2008

Rate Watch: Market closed: Labor Day

On a Holiday and on a weekend, the rate sheet from the business day "before" is what I can lock at. Enjoy your Labor Day!

Buyer Thank You

"Personal service-team work with the Realtors. Excellent responsivness to our requests." Aldo and Hollye B. Loan#15105-003-99

Buyer Thank You

"Way above an excellent rating for meeting our expected closing date! The best part of the loan process was working with Marty." John and Kerri M., Loan#14803-003-99

Buyer Thank You

"Marty's willingness to help-that's what I liked best." Robert P., Loan#15988-003-99

Buyer Thank You

"Marty gave us excellent personalized service, explained the entire loan process to us, and kept us well informed during the loan process. Excellent rating on all aspects of the loan process and we will use Marty again and recommend him to others." Ryan and Megan S., Loan number 16391-003-99

Sunday, August 31, 2008

Planning For Success Program Testimonial

"Thank you Thank you! Thanks for taking the time to go over everything with us and helping us better our credit and to achieve our goal of owning a home for our family. Thanks again!" Dan and Kira Salmond