Phil Grossfield's Blog

My Market Watch:  LOOK OUT BELOW!  The bond has fallen below an important floor of support and that is NOT a good sign.  If it falls even a wee bit more we could see a drop until it reaches the next lower Floor of Support and that my friends would not be a happy thing.  Rates are worse again by 0.125 this morning and I wouldn’t be surprised to see a mid-day price worsening today.  DO YOUR OWN RESEARCH!  It’s a downward spiral as of late.  Our only hope for better rates is some economic news or weather surges or something to give traders a reason to buy bonds, and let us all pray…..  WHATEVER YOU DO, DON’T LET YOUR LOCKS EXPIRE WITHOUT CONSULTING ME FIRST!   Disclaimer

My Mystery Lyric:  I saw my baby early one morning…She was walking on down the street — I saw my baby early this morning…She was walking on down the street — You know it hurt me, hurt me so bad…Made my poor heart skip a beat  — Answer

My Schedule: I am working from home all morning and then out this afternoon but available….

UPDATED FREQUENTLY:                                                                                 

My Guideline Guidance to get a clean underwriting decision resulting in happiness and adulation, or, you could Ignore This and find yourself with a long list of conditions, a huge hassle, and massive frustration

My Procedures are updated daily – check it out…