Back

Good day everyone... I hope all have been busy originating new business in the wake of these low rates. I have been out on personal matter for the last week and why you have not seen posts over the last week or so.

Rest assured I am back and hope all of you did not miss me too much... The market over the last week, I am happy to report has been stable and remained relatively unchanged.

To the left you will find a five day graph illustrating a clear range in which we have been trading. This is why rates have been steady. Interestingly, investors are comfortable at these high points, which suggests our market may improve further bringing rates even lower. I wouldn't bank on this, but it is possible.

Right now the real issue is delivering to investors. Keep in mind these are mortgage notes they are buying into, and if we (lenders and agents) are not originating new business, investors are left without product... no product and well they'll only hang around for so long.

I am not worried about our market.... after all one person sells another buys, but we must continue to move inventory and create demand for investors. New demand is critical, so let's turn it up, and get cracking. There are buyer's everywhere.