Wednesday, June 20, 2018

Our blog has been moved to our website at https://emgmortgage.com/emg-blog/ Please visit us there.

Thank you,

Charlie Christensen
415-464-8295 Direct

Wednesday, May 9, 2018


Mortgage Rates are modestly lower being weighed down by added supply from the Treasury.

The Mortgage Bankers Association reported that home loan rates were essentially unchanged this week and though they have moved higher this year, rates remain historically attractive.

I am recommending floating but be aware that Mortgage Rates are on shaky ground and could push higher.




"There are good days and there are bad days, and this is one of them."
-Lawrence Welk










Tuesday, May 8, 2018


Mortgage Rates are off the best levels and creeping higher as the market gets ready for added supply of Treasury securities and ahead of Trump's Iran decision this afternoon.

There were no economic reports due for release today. 

The NFIB reports that small business optimism sustained record high levels in April.

I am recommending floating but be aware that sentiment can quickly reverse.



"One of the advantages of being disorderly is that one is constantly making exciting discoveries"

-A.A. Milne

Monday, May 7, 2018


Mortgage Rates begin the week near unchanged with prices being capped by rising Stocks.

There were no economic reports released today and the rest of the week's calendar is on the light side.

I am recommending floating but be aware that sentiment can quickly reverse. If anything changes, I will quickly alert you.

Have a great week!




One cannot think well, love well, sleep well, inf one has not dined well.
                         -Virginia Wolf 

Friday, May 4, 2018


The April Jobs Report came in weaker than expected but there were also positive numbers within the report.

After the data was released, Mortgage Rates are near unchanged while Stocks are rallying.

With the Jobs Report behind us, floating is recommended. If anything changes, I will get back to you. Have a great weekend!



I have found that if you love life, life will love you back.
      -Arthur Rubenstein

Thursday, May 3, 2018


Lower Stock prices along with easing inflation data from the Euro zone are boosting Rates this morning while yields press lower.

The Mortgage Bankers Association reported on Wednesday that home loan rates ticked higher last week but Freddie Mac reported today that they moved slightly lower this week.

I am recommending floating if you have some time to close, say three weeks out. For those on the fence with a short time span to close and can benefit from today's rates, then by all means, lock.
If anything changes, I will get back to you.


The big question is whether you are going to be able to say a hearty yes to your adventure.
   -Joseph Campbell 

Wednesday, May 2, 2018


It's Fed day!

The Fed will release its monetary policy statement at 2:00 p.m. ET this afternoon where it is expected that the Fed Funds Rate will remain at current levels. The text with the statement will be closely dissected by the investing community.

ADP Private Payrolls came in with a solid number and comes ahead of Friday's more closely watched Non-Farm Payrolls Report from the government.

I am recommending floating heading into the Fed statement. If anything changes, I will get back to you.




If you dream it, you can do it.
-Walt Disney 


Tuesday, May 1, 2018


Mortgage Rates are near unchanged with traders sitting on their hands as the two-day Fed meeting kicks off today.

The monetary policy statement will be released tomorrow at 2:00 p.m. ET and will come along with the Fed's economic projections.

I am recommending floating but be mindful of the big headline risk events in the Fed meeting and Jobs Report this week.




You cant have everything. Where would you put it? 
-Steven Wright 

Monday, April 30, 2018


This is a major news week and one of the rare times we have both a Fed Meeting and Jobs Report.

The 10-year yield remains below 3.00%, which is a near-term positive sign.

We are starting the day and week floating and will try to hold that position to Wednesday's Fed Meeting.

Of course, if market conditions change beforehand, so will our position.


It ain't what they call you, it's what you answer to.
-W.C. Fields 

Friday, April 27, 2018


Mortgage Rates are slightly higher as prices bounce off multi-year lows seen this past Wednesday.

In economic news, Gross Domestic Product in the first quarter of 2018 declined from the previous quarter but managed to beat expectations.

I am recommending floating, but be mindful that sentiment can quickly reverse. If anything changes, I will get back to you.

Have a great weekend!


Isn't it funny how day by day nothing changes but when you look back everything is different.
-C.S. Lewis 

Thursday, April 26, 2018


Mortgage Bonds are rebounding this morning as investors may be looking to bargain hunt with prices at such low levels.

Better-than-expected Durable Orders and lower Weekly Initial Jobless Claims had little impact on Rates.

Freddie Mac reports that home loan rates edged higher this week though they still remain historically attractive.

I am recommending floating but be aware that sentiment can quickly reverse. If anything changes, I will get back to you.




The Greatest pleasure I know is to do a good action by stealth, and have it found out by accident.
-Charles Lamb

Wednesday, April 25, 2018


Mortgage rates continue to edge higher as global yields rise. The U.S. 10-year yield has risen above the psychological resistance mark of 3% and it is pushing Stocks lower on the notion of higher borrowing costs for companies.

The Mortgage Bankers Association reports that mortgage rates edged higher in the latest week to levels not seen since September 2013, though they remain historically attractive.

There were no economic reports due for release today.

I am recommending locking with the hope that Mortgage rates can stabilize in the near future. If anything changes, I will get back to you.




Creativity is allowing yourself to make mistakes. Art is knowing which ones to keep.
-Scott Adams


Tuesday, April 24, 2018


Mortgage Rates are modestly higher while Stocks opened lower and have given up their gains.

In housing news, home prices continue to rise while New Home Sales jumped more than expected in March from February. In addition, Consumer Confidence is near record highs this month.

I am recommending floating but be aware that sentiment can quickly reverse. If anything changes, I will get back to you.


To be yourself in a wold that is constantly trying to make you something else is the greatest accomplishment.
-Ralph Waldo Emerson 

Monday, April 23, 2018


Mortgage Rates begin the week slightly higher as Stocks trade near unchanged.

In economic news, March Existing Home Sales edged higher from February but low inventories and affordability issues remain in the marketplace.

I am starting the week with a floating recommendation. If anything changes, I will get back to you. Have a great week.


You have enemies? Good. That means you've stood up for something sometime in your life.
-Winston Churchill

Friday, April 20, 2018


Mortgage Rates are near unchanged and at five-year lows after the two-day slide.

Rates are modestly higher as investors look to take some profits after the recent rally. There are no economic reports due for release today.

I am recommending locking heading into the weekend. If anything changes I will get back to you. Have a great weekend!


The Truth is that falling hurts. The dare is to keep being brave and feel your way back up.
-Renee Brown