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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.

    February 08, 2016

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

    Mortgage bond prices remain higher mid-morning Monday applying downward pressure to mortgage rates. Rates are finding support from weak stocks.

    There is no news or events on tap today therefore traders will watch stocks. At the 10 am price point the Dow was down 240 points.

    On Wednesday Fed Head Yellen heads to Capitol Hill to testify before the House Financial Services Committee. This is a semi-annual event where Congressmen try to score political points by playing gotcha in the question and answer session. The Fedā??s decision to raise rates in December will come under withering fire. We need to be especially careful that day, if she drops a ā??tape bombā?? (says something the markets were not expecting) rates could become volatile. Her testimony begins at the same time mortgage companies set daily pricing. Donā??t be surprised if pricing is a bit delayed that day or secondary takes a defensive stance ahead of the event.

    Event Calendar:
    Tuesday, Feb 9, 2016
    3-year Treasury Note Auction @ 1:15 pm et

    Wednesday, Feb 10, 2016
    10-year Treasury Note Auction @ 1:15pm et

    Wednesday, Feb 10, 2016
    Janet Yellen House Testimony

    Thursday, Feb 11, 2016
    Weekly Jobless Claims @ 8:30 am et

    Thursday, Feb 11, 2016
    30-year Treasury Bond Auction @ 1:15 pm et

    Friday, Feb 12, 2016
    Retail Sales @ 8:30 am et

    Friday, Feb 12, 2016
    Business Inventories @ 10am et

    Friday, Feb 12, 2016
    U of Michigan Consumer Sentiment @ 10am et

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