And so it begins . . . we’re in the first week of December, the weather at the beach is beautiful, IR Football is playing for the State Championship Saturday night and the holiday buzz has begun. I hope you are starting to get into holiday mode, but still focused on your business as well. For those of you in the Bethany Beach area, I hope to see you at the annual Caribbean Christmas Party at Mango’s tomorrow night!
As promised last week, I’ll be providing links to my Sales Update newsletter articles that talk about motivation, business planning, and sales skills to help you get prepared for 2012. Last week was about the basic elements of success and this week it’s all about Commitment. Here are the links to both:
Mortgage bond prices ended slightly higher last week, which pushed mortgage interest rates lower. Stocks were stronger as the DOW surged higher by 291 points Monday and 490 points Wednesday. The Fed stepped in to help the EU deal with their debt crisis through some liquidity moves along with the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank. The moves generally helped equities across the globe. Mortgage bonds traded in a choppy but tight pattern throughout the week despite the strength in equities. MBS were buoyed by remarks from German Chancellor Merkel which indicated there is no quick fix and the solution to the Euro debt crisis will take years. Mortgage bonds ended the week better by approximately 1/8 to 1/4 of a discount point.
Mortgage rates held steady for the 4th week in a row. My rate sheet is attached for the weekend and here’s the link to my rate sheet online if you want to forward it: Baxter Rate Sheet
Have a great weekend and never hesitate to contact me if you need something – hit the cell, send an email, pop a text, or contact me on Twitter or Facebook. And, if you need to get a buyer pre-approved? Just send them to my secure online application – Baxter Online Mortgage Application – Click on “Start Your Application”
Here’s another look at success – Closed mortgage files 🙂