iknowamortgageguy.com

01.14.16-I think this is going to take awhile.

2016 has had something new and different every day. Let's look back to mid December when Corporate bonds were getting crushed and the money was racing out the door. We were not sure what was going to come once the Fed raised rates. And the we  were surprised that rates got better, but the fear continued into the first of the year.

Yesterday, InBev offers bond of $30 Billion to cover cost to purchase Miller and receive orders for $100 Billion. Story of the day sounds familiar "To Big to Fail" is the buzz word. Invest in Big and Safe Bonds, so the Corporate Bond market isn't dead. Safety of Investment is the new investing strategy or your bonds better be paying a high percentage of return. Yesterday was a 10 yr Treasury auction and the demand was the best in 13 months. I see continued flight to safety and a continued improving bond markets. Volatility will continue but I see each beginning and end of the trading day giving us better and better rates. This early in the year it appears the FED moved to soon on their rate hike. With more recessionary data and stock declines the odds of more rate hikes is being pushed to later in the year and possibly soon totally off the table. 

Time to show and sell!! I need 2-3 more loans of any quality of credit to hit goal for 1st half of February, please keep me in mind or any troubled underwrites currently with other lenders.