Pretty boring day in the fixed income markets yesterday. Mortgage backed securities traded in an extremely tight range as market participants sit on the sidelines waiting for the Fed Statement due out later today. With the lack of any volatility, lenders left rate sheets unchanged on the day.

As we await the Fed Statement, we did get some other data this morning. First out was the Housing Starts and Building Permits report.

Housing Starts data estimates how much new...

This is just a quick note for those of you who have been following my life adventure for a while, especially lately.

The Lord laid it on the heart of the church to give me a $300 cash gift!

What is absolutely incredible about this is that I never, ever throughout this entire ordeal set out to make my housing and food needs known for the purpose of getting them met by anyone.

Not once did I open my mouth with the intention of trying to get my biggest...

The Prosperity Place Subdivision is located in Mecklenburg County, Charlotte NC.

Home Builders in Prosperity Place:
Oakmont Home Bldrs *
True Homes *

Prosperity Place Community Features:
Pool

Prosperity Place Schools:
Mallard Creek,
Alexander Graham,
Vance **

Prosperity Place Area Attractions: Ciel Gallery ( 11.0 miles); Milkweed Collection ( 8.1 miles); Old World Arts ( 15.3 miles); Nature Museum ( 12.6...

In 2010 :
Lo : 43 °
Hi : 57 °
Rainfall :{ 0.06 " } : Rain fell during the 6 - 7 a.m. And 3- 7 , 10 p.m. hours

In 2009 :
Lo : 39 °
Hi : 50 °
Rainfall : { 0.53 " }

In 2008 :
Lo : 52 °
Hi : 68 °
Rainfall : { 0.36 " }

In 2007 :
Lo : 61 °
Hi : { 83 ° ** Record Hottest }
Rainfall : 0.00 "

In 2006 :
Lo : 35 °
Hi : 56 °
Rainfall...

Following a better than expected Retail Sales report on Friday, MBS opened that morning much lower than the prior day leading to the worst rate sheets for the week. As the day progressed, MBS did recoup the early morning losses leading to a few lenders repricing better by day’s end; however, most lenders left rate sheets unchanged on the day.

This morning, the economic data started with the release of the Empire State Manufacturing Survey. Each month, the New York Federal Reserve...