Friday, October 30, 2020

Daily Market Report 10/30/20

 http://MikesDailyMarketReport.com: Consumer Spending rose by 1.5% MoM in September, while Personal Income rose by 0.9%.  Employment Costs, for Q3, rose by 0.5%.  We received data on the Fed's favorite gauge for inflation, the Personal Consumption Expenditur (PCE); actually it's Core PCE is what they view, as it removes the volatility of food and energy.  Both the PCE and Core PCE rose by 0.2% MoM in October; however, the PCE remained Unchanged at 1.4%, while the Core PCE dropped from 1.6% in September to 1.5% YoY.  Manufacturing in Chicago region dipped a little bit, when the Chicago PMI reported it went from 62.4 in September to 61.1 in October.  Lastly, the Consumer Sentiment improved in October, as it's initial read for the month, came in at 81.2; and it finalized at 81.8.  Stocks are Down this morning, even though the FAANG companies whom released their earnings last night, had exceeded expectations.  Stocks are still concerned about possible lockdowns in the US, as Europe has begun implementing them due to higher reported virus cases; and also, the possibility of a contested US election next week, which results could take weeks.  MBS is Unchanged from yesterday's close; however, the Market further deteriorated and Lenders re-priced a little bit worse.  So, Mortgage Rates are worse today (compared to yesterday morning's report), but unchanged from yesterday's close. Yields have continued it's ascent to 0.86%

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Thursday, October 29, 2020

Daily Market Report 10/29/20

 http://MikesDailyMarketReport.com: Q3 GDP rose 33.1% after a loss of 31.4% in Q2.  Of course, these numbers are a bit skewed due to lockdowns and Government Stimulus.  However, they do look promising!  Another promising report came out in the Initial Jobless Claims, which (again) was lower than the previous week.  Only 751k applied for benefits last week!  Unfortunately, the Pending Home Sales didn't get the memo, as it showed a drop of 2.2% in September.  Stocks are Up this morning based on the economic data, but they are still a bit jittery over the increase in virus cases and possible lockdowns/restrictions, as much of Europe is currently undertaking.  Also, the elections for next week provide a bit of intrigue, as if it's too close, then it may be contested.  The Markets like certainty, and this is not certain!  MBS is currently Down 2bps and sitting between it's 25- and 50 DMA.  It started the morning higher, but has retracted to unchanged levels; so, Mortgage Rates remain Unchanged from yesterday's pricing.  Yields are pushing up against the Technical Level again, after some moment shifted yesterday (when it touched off it's 25 DMA and closed higher).  It's resurgence is sitting at 0.81% now.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com


Wednesday, October 28, 2020

Daily Market Report 10/28/20

 http://MikesDailyMarketReport.com:  There are no economic of "note" to report today.  We did receive data on Mortgage Applications, which were up last week for both purchase and refinance.  Stocks are in Negative Territory, as new cases for COVID rise across US and Europe.  Investors are concerned over possible new lockdowns, which will further harm the global economy.  Also, the election is less than a week away; so, we'll see how the Market reacts to it's results.  MBS are Down 5bps and testing it's 25 DMA.  Mortgage Rates remain Unchanged from yesterday's pricing.  Yields have also fallen some, as it broke beneath an important Technical Level yesterday.  It's sitting around 0.77% now.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com


Tuesday, October 27, 2020

Daily Market Report 10/27/22

 http://MikesDailyMarketReport.com:  Durable Goods jumped up 1.9% in September (greater than 0.5% forecasts).  When you exclude "big ticket" items, like Transportation, it went up 0.8%.  Case Shiller jumped from 3.9% YoY in July to 5.2% in August.  Huge Increase!  However, Consumer Confidence dipped a little bit, from 101.8 in September to 100.9 in October.  Stocks are trading in Mixed Territory, as the DOW continues it's decline; S&P dipping it's toes back and forth between positive and negative territory; and NASDAQ is in Positive Territory.  A Merger between AMD and Xillinix was announced, which is helping to prop up the NASDAQ, along with upbeat Corporate Earnings Reports.  MBS is Up 5bps and trying to break up against it's 50 DMA again, after it lost some ground yesterday (closing +13bps).  Mortgage Rates remain Unchanged from yesterday's pricing.  Yields fell below an important Technical yesterday, and still drifting lower (sitting aroun 0.78%).

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com


Monday, October 26, 2020

Daily Market Report 10/26/20

 http://MikesDailyMarketReport.com: New Home Sales dropped in September from 1.011 million annualized units in August to 959k.  Forecasts were calling for an increase to 1.025 million.  Stocks are Down, as COVID related cases spike in the US.  Europe has started to lock down again, which worries Investors that the US will do the same, as we're trying to bring the economy and jobs back.  There are more Q3 Earnings Reports coming out this week, which will have some notable High Tech Corporations releasing their's (namely Microsoft and Alphabet).  MBS has jumped Up 17bps and is testing it's 50- and 25 DMA ceiling.  Mortgage Rates are priced better today!  Yields have fallen below it's Technical floor and now testing another Technical Level that provided a tough ceiling.  Question will be, if it will be a tough floor, as it's being tested.  Yields are Down to just under 0.80%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com




Friday, October 23, 2020

Daily Market Report 2/23/20

 http://MikesDailyMarketReport.com: The Markit Manufacturing PMI modestly rose by 0.1 to 53.3 in October; while it's couter-part, Markit Services PMI rose from 54.6 in September to 56.0 in October.  Stocks are trading a little light this morning and in Mixed Territory (S&P is only index in Positive Territory), as Investors continue to watch for any progress toward a new Stimulus Package.  Some Good News for Gilead, as it's remdesevir drug for hospitalized COVID patients gained FDA approval.  The Q3 Earnings Reports continue to be release, however, nothing big to report there.  MBS started lower, just above it's 100 DMA, and have moved upward, which it's currently Up 5bps from yesterday's close.  Mortgage Rates should be Unchanged from yesterday's pricing.  Yields seem to be showing some early signs of slowing down, as it topped 0.86%, but has since pulled back down to 0.84%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Thursday, October 22, 2020

Daily Market Report 10/22/20

 http://MikesDailyMarketReport.com: Initial Jobless Claims dropped to it's lowest level since March.  It was reported today that only 787k people applied for first time benefits last week, which is lower than forecasts of 860k.  Existing Home Sales jumped up to 6.54 million annualized sales in September from 6.0 million in August.  Leading Indicators were up 0.7% in September.  Stocks are Down this morning on growing concerns that a new Stimulus Package won't be completed prior to the Election, as this is deemed necessary.  Q3 Corporate Earnings are still being reviewed, including Tesla's, which was released.  Investors are watching the progress (or lack of) a New Stimulus Package; growing numbers of COVID cases, which may lead to more lockdowns; and the progress of Barrett's nomination toward Supreme Court.  MBS was testing it's 100 DMA, but has scaled back from it's earlier lows; and currently Down 6bps.  We're around the same level as yesterday, so we shouldn't see any changes in Mortgage Rates today.  However, Yields continue it's torrid pace, and are Up to around 0.85% now.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Wednesday, October 21, 2020

Daily Market Report 10/21/20

 http://MikesDailyMarketReport.com: No economic data to point out today.  The Stock Market is Up again today on continued optimism, as the White House and House are working on a deal for new stimulus; however, this could get help up by the Senate, whom have been calling for a smaller Stimulus package.  The Fed Beige Book, which provides us with a Micro view of the economy around the various regions in the US, will be released later today.  Q3 Corporate Earnings Reports continue to be released, whch a headline for Netflix disappointed, as they lost subscribers due to protests over one of their films (deemed highly inappropriate).  Like yesterday, we have a few more Fed Members speaking today.  MBS started the morning much lower and has since pulled back to being Down 6 bps from yesterday's close.  Yesterday, we were in this level, before pulling back.  We're in similar lows that we saw a few weeks ago; however, Yields didn't break the Technical level around 0.79%.  Yesterday, they broke above it, and sit just under 0.81% now.  Mortgage Rates are a little worse today, as a result.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Tuesday, October 20, 2020

Daily Market Report 10/20/20

 http://MikesDailyMarketReport.com: The Housing Starts were revised lower in August, from 1.416 million annualized units to 1.388 million.  In September, they rose to 1.415 million.  Technically, they rose, but ultimately, it was nearly the same.  Building Permits (future Housing Starts) rose from 1.476 million in August to 1.553 million in September, exceeding forecasts of 1.520 million.  Stocks are in Positive Territory on news that there may be progress on a Stimulus Deal package.  Also, to note, that the DOJ has filed an Antitrust Lawsuit against Google, so stay tuned!  Q3 Corporate Earnings Reports are being released, but nothing big to report today.  Also, there are a few Fed Members speaking at their engagements today, so this could always be a Market Mover, as well.  MBS is currently Down 6bps.  They were denied by it's 25- and 50 DMA yesterday and lost ground by closing -9bps.  Coupled with yesterday's losses and today's, then Lenders will price Mortgage Rates slightly worse today.  Meanwhile, Yields are testing it's next Technical level (same one from a few weeks ago, which held the entire week); and sitting just under 0.78%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com




Monday, October 19, 2020

Daily Market Report 10/19/20

 http://MikesDailyMarketReport.com: The NAHB Home Builders Index indicate the growing confidence with Home Builders in the month of October, as it rose from 83 in September to 85 in October.  Stocks started of in Positive Territory, but soon after, went into the Red.  The hopes for a Stimulus package prior to the election is quickly dwindling down, which this optimism is helping to prop up both stocks a yields.  The release of Q3 Corporate Earnings Reports will continue this week, which we have Netflix and Tesla being released this week.  Investors were impressed with China's report for Q3, which grew to 4.9% and pushing it closer to it's 2020 forecasts of 5.5% -6.0% range.  MBS started much lower this morning; however, as the Stock Market turned Red, then they rose to Unchanged pricing from Friday's close (still just below it's 25- and 50 DMA).  Pricing may have been a little worse this morning for the East Coast, but should have improved to Unchanged levels (based on Friday's close) on Mortgage Rates; and West Coast should be pricing in at the same levels as Friday's close.  Yields have been rising on optimism for a Stimulus package; and have rose above another Technical Level.  It's sitting around the 0.77% level.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Friday, October 16, 2020

Daily Market Report 10/16/20

 http://MikesDailyMarketReport.com: Retail Sales surprised investors, as it rose 1.9% in September on forecasts of 0.7%; even when you exclude Autos, it rose 1.4%.  This adds to the Consumer Sentiment, which rose from September's number at 80.4 to 81.2 in mid-October.  Capacity Utilization rose only by 0.1% to 71.5% in September; however, Industrial Production surprised the Markets with a drop of 0.6% on forecasts of an increase of 0.5%.  This is something that we'll need to watch, as it could indicate negative numbers for the economy.  Lastly, Business Inventories rose 0.3% in August.  Stocks are Up this morning on the Retail Sales and Consumer Sentiment reports.  The Q3 Corporate Earnings are still being released, but nothing of note to report.  Pfizer mentioned that they could potentially release a vaccine by end of November on an emergency basis, if needed, while cases around Europe and a few states in the US have increased.  Investors are still in hope of a Stimulus Package prior to next month's elections; which has the Democrats at $2.2 Trillion, Trump at $1.8 Trillion and Senate at $500 Billion.  Looks like an impasse to me!  MBS is currently Down 2bps, coupled with yesterday's late decline, may lead many Lenders to price more negatively today (most likely a difference of 0.125% in rate).  They broke below their 25- and 50 DMA.  Yields broke back above it's Technical level and sit just above it's 0.74%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com


Thursday, October 15, 2020

Daily Market Report 10/15/20

 http://MikesDailyMarketReport.com: We have a mixed bag of economic data today!  The Import Price rose 0.3% in September (this is a low impact data point).  The higher data points include the following Manufacturing reports: The Philly Fed Index rose to 32.3 in October and the NY Fed Index rose 10.5.  However, the Initial Jobless Claims rose 58k from last week's report to 898k.  Stocks are Down, as we've been seeing weakness from them this week!  Sentiment toward possible higher COVID numbers and tighter restrictions in Europe, along with lack of progress on  another Stimulus package is weighing on Investors' moods.  More Fed Members are out speaking today; along with more Q3 Corporate Earnings Reports being released.  MBS is showing some uncertainty this morning, as it's tested both positive and negative directions, which we see by the star shape in the candle.  It's currently Up  3bps; however, yesterday, we closed Up 13bps.  You should see better pricing with Mortgage Rates today.  Yields have pulled back a bit from earlier lows, which tested it's 25 DMA; however, now it's sitting just under 0.72%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com


Wednesday, October 14, 2020

Daily Market Report 10/14/20

 http://MikesDailyMarketReport.com: The Producer Price Index, or PPI, rose 0.4% in September; same for the Core PPI, which excludes food and energy.  The Core PPI jumped from 0.6% in August to 1.2% in September on a Year over Year (YoY) basis.  Surprisingly, this hasn't had much impact on the Markets.  Stocks are Up this morning.  Yesterday, they were all in Positive Territory; however, after I provided my report, the DOW and S&P went into the Red.  We have more financial companies and banks releasing their Q3 Corporate Earnings today, which is having the most impact in the Market; however, the recent pause for Pharm Companies J & J and Eli Lilly pausing their trials have some investors concerned over another wave of outbreak.  There are several Fed Members speaking today, which may have some impact in the Market.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Tuesday, October 13, 2020

Daily Market Report 10/13/20

 http://MikesDailyMarketReport.com: The Consumer Price Index, or CPI, rose only 0.2% in September, as did it's Core CPI; however, it's YoY rose from 1.3% to 1.4% and it's Core remained Unchanged at 1.7% YoY. Stocks started the Morning in Positive Territory, as Q3 Corporate Earnings Reports begin to be released.  Today, we're seeing a lot of Banks and Financial Institutions releasing their's.  Johnson & Johnson paused their vaccine trials, as they experienced some issues.  Apple and Amazon begin their special events today, as Apple is set to announce their new 5G capable iPhones and Amazon begins their 2 day Sales Event, Prime Day!  MBS had a Bond Rollover on Friday, which is why the chart looks like it worsened; but in reality, it improved by 18bps so far this morning.  The Rollover is simply a reset in pricing, as October's MBS are packaged to be sold in the Market; and now we begin November's batch of MBS.  Yields have slipped below it's Technical level and approaching the next level below it.  It currently sits just under 0.74%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Friday, October 9, 2020

Daily Market Report 10/9/20

 http://MikesDailyMarketReport.com: The Wholesale Inventories rose 0.4% in August.  Stocks are in Positive Trading on continued optimism of another Stimulus package.  The talks are ongoing and seem to be mixed; however, this isn't affecting the optimism by the Investors.  MBS opened below the 25- and 50 DMA and have crept up higher, but it's still Down 2bps from yesterday's close.  Yesterday, the MBS lost more ground and closed just above it's 25 DMA.  This combined loss of support has led Lenders to price Mortgage Rates a bit higher today.  Yields are testing both it's floor and ceiling and moving within it's range.  It's currently at 0.77%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com


Thursday, October 8, 2020

Daily Market Report 10/8/20

 http://MikesDailyMarketReport.com: Initial Jobless Claims rose this week to 840k; up from last week's initial of 837k, which was revised a bit higher to 849k.  Stocks are in Positive Territory, as Investors are feeling more renewed optimism on some sort of Stimulus package coming sooner, than later.  MBS started the morning higher, but has pulled back some; and is Down 2bps.  Mortgage Rates remain Unchanged.  There are some possible positive signs developing for some improvement (see video on that).  Also, Yields are being held in check with it's Technical level (just under) the 0.79%; and it's currently at 0.77%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Wednesday, October 7, 2020

Daily Market Report 10/7/20

 http://MikesDailyMarketReport.com: The only economic data to report will come out at 11am PST, which is the Meeting Minutes from the FOMC last month.  Stocks rebounded from yesterday's close; and are currently Up today.  Last night, about an hour before Market close, President Trump tweeted out that he instructed the Republican Senate to halt negotiations with the Democrats on a second Stimulus package until after the election; and accused them of dealing in bad faith.  However, a few hours later (after Market close), he tweeted that he'd be more than willing to send out individual Stimulus components (including the $1200 individual checks, funds for airlines and replenishing PPP).  This reversed the Market Sentiment overnite to this morning's opening.  Also, Investors will be watching Big Tech (namely the FAANG) stocks, as a critical report was released by the House Judiciary Anti Trust, Commercial and Adminstrative Law Sub Committee regarding them as Monopolies.  MBS started the morning lower; however, it has improved to being Down 14bps from yesterday's close (yesterday, after the tweet, it jumped Up and closed +23bps).  So, Mortgage Rates remain Unchanged from yesterday's pricing, except for Lender improved pricing at the end of the day.  Meaning, Mortgage Rates are a bit higher from yesterday's close (after late Market improvement), but the same pricing we saw for most of the day yesterday.  Yields are back Up this morning too; and sit at 0.77%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Tuesday, October 6, 2020

Daily Market Report 10/6/20

 http://MikesDailyMarketReport.com:  This week is light for economic data, which we have none to share today.  Stocks are currently in Negative Territory, as Fed Chair Powell presented a speech this morning and reiterated the Fed's stance on more stimulus being needed from Congress; and it's better to give too much, than not enough.  Otherwise, the economy will grow more slowly compared to receiving more stimulus; and more businesses may close and/or file for bankruptcy.  MBS is fighting to stay above it's double floor of support (25- and 50 DMA); and currently Up 2bps.  There's a lot of uncertainty in the Market, as the long wicks on both ends of the candle indicate.  Mortgage Rates remain Unchanged from yesterday's close.  Yields broke above a few Technical levels yesterday and sitting at 0.78%.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Monday, October 5, 2020

Daily Market Report 10/5/20

 http://MikesDailyMarketReport.com: The ISM Non-Manufacturing PMI dipped a little in September, as it went from 57.8 to 56.9.  This is still in expansion territory!  Stocks are Up, as it is being reported on President Trump's recovery from COVID is improving, and he may be released from Walter Reed today.  Investors are reviewing the Election Polls and any hope for a Stimulus Package to be done soon.  Meanwhile, MBS has Dropped 22bps and have been testing it's double-layer of support (25- and 50 DMA).  This will tend to lead to a little bit higher Mortgage Rates today (usually about 0.125% to the rate).  Yields have skyrocketed above another Technical level and sit at 0.76%.  We'll see if they can hold this level.

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com



Friday, October 2, 2020

Daily Market Report 10/2/20

 http://MikesDailyMarketReport.com:  The Jobs data was a bit disappointing today, as the BLS reported that only 661k jobs were created in September.  Even though, the Unemployment Rate dropped down to 7.9%, the numbers indicated that fewer people are participating in the Labor Market, as the Labor Participation Rate dropped a bit.  The Average Work Week slightly gained from 34.6 hours per week, to 34.7 in September; and the Average Hourly Earnings rose only 0.1%.  However, Consumer Sentiment rose from 78.9 to 80.4 in September.  Lastly, Factory Orders rose 0.7% in August.  Stocks are Down on the news of POTUS and FLOTUS' recent diagnosis with COVID.  Investors will reevaluate if this might impact the upcoming election.  Also, they're still waiting for another Stimulus package to be agreed upon and implemented, in order to move the economy forward.  Meanwhile, MBS is Down 9bps.  They were up ealier in the day, so the East Coast Lenders may be poised to reprice for the worse; while the West Coast should remain Unchanged.  This shift happened as news broke about POTUS and FLOTUS.  Yields are climbing, and are currently sitting at 0.70%,

Sorry for being MIA the past few days.  Had some personal things to take care of.  I will continue these videos, but for the next week, they will be out a little later than normal.  Afterwards, it should go back to normal.  Sorry, for any inconveniences!

Please subscribe to my YouTube Channel at MikesDailyMarketRpt

Also, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then either direct message me, or visit http://michaelb.swmcretail.com