The Premier Lending Network
916-548-9278
mmiller@thepremierlendingnetwork.com
Welcome to our site!
Thank you for stopping by our mortgage web site. Even though we have taken special care and consideration to pack this online resource with a wealth of knowledge about the mortgage and real estate process, we want ...
8 Questions Your Lender Should Answer About Mortgage Rates
Simply checking online for today's posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario to fluctuate. We can preach communication ...
How Much Can I Afford?
How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term mortgage payment? The Quick Answer: If we're simply considering the financial math, lenders will calculate your Debt-to-Income ... Read More...
Four Possible Reasons To Refinance
A mortgage is generally the largest debt most homeowners have to manage. It's a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a ho ...
High Volitility Today! Watch out for extreme rate changes.
US markets started quietly this morning ahead of Bernanke’s testimony to the Joint Economic Committee at about 10:00. Markets are completely focused on the Fed’s QEs recently, and when the Fed will begin to unwind its monthly purchases of treasuries and MBSs. The question of when was fuel ...
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Good start, then back to business as usual.
The mortgage markets started better this morning after the 10 ye found early support at 1.95% and US stock indexes pointing to a weaker open at 9:30. There are no scheduled economic reports today or tomorrow, and not much else on the calendar. Wednesday is the big day this week; Ben Bernanke ...
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Rates lose ground gained yesterday...more signs of an improving economy
Early this morning the interest rate markets were unchanged from yesterday’s close; by 9:30 though the 10 yr note yield had increased to 1.90% frm 1.88% and 30 yr MBSs -16 bp frm yesterday’s close. The DJIA opened +40, NASDAQ +19, S&P +5; ...
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A day of relief for the bond..rates lower
Finally the bond and mortgage markets may get a little relief from the unrelenting selling that has driven interest rates higher over the last nine sessions. At 8:30 weekly claims were expected to have increased 7K, as reported claims shot up 32K to 360K. The increase takes weekly claims to the high ...
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Stocks up..rate following suit.
April PPI was down 0.7%; the core (ex food and energy) +0.1%; both as expected and increasingly showing deflation is becoming an issue. The Fed’s target rate of 2.0% to 2.5% for inflation is lagging, annual inflation +1.8%. The NY Empire State manufacturing index for Mat was expected at +3.75, it declined to -1.4; any reading under zero is ...
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Jobless claims the lowest in 5 years...signs of recovery
This morning at 8:30 the first economic report of the week that drew any attention; weekly jobless claims. Claims were widely thought to be up about 11K to 336K frm last week, as reported claims fell 4K to 323K and last week’s claims revised slightly higher 327K frm 324K originally reported ...
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Matthew E. Miller
Experienced mortgage banker working for and in your best interests. Service oriented and results driven.
