This is my first video update on what is happening in the Interest Rate Market and why. I am trying to explain the Mortgage Backed Securities Market and hopefully how it effects the Real Estate Market in the Eugene/Springfield Oregon area. (Please be prepared, it is kind of like a Japanese horor movie, the words don’t match the lips, by a lot. Working on that.) Mortgage Backed Securities are taking a beating and as a result, rates are on the rise. It may or may not be temporary.
If you have any further questions about interest rates or would like to discuss what you need to do to get off of the fence and become a home owner, please give me a call at 541-342-7576/541-221-3455 Cell or send me an e-mail. I am always available to answer questions about mortgage loans. Check out this post as to why it may make sense to be a home owner. Please leave me a comment about the video, the only way I can improve is to find out what people think of it. Thanks.
Fred, Great job man. Excellent point about how the bond and stock markets compete.