Borrowers whose adjustable-rate mortgages are tied to the 11th District Cost of Funds Index again were treated to new record-low index. It was the third month in a row that the index has established a new low. COFI was 2 basis points lower in May than it was during April. Data back to July 1981 [...]
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COFI Continues Free Fall
June 1st, 2011
davidguide The 11th District Cost of Funds Index was nearly 10 basis points lower in April. It was the 10th consecutive month that COFI was lower. The index is at its lowest level since October 2009. View full post on Mortgage Stories
COFI Falls for 9 Straight Months
April 30th, 2011
davidguide The Cost of Funds Index was 2 basis points lower in March than in February, the Federal Home Loan Bank of San Francsico reported. COFI has been lower each month since June 2010. A year ago, the index was 41 BPS higher. View full post on Mortgage Stories
COFI, 1-yr Treasury Improve in 2010
February 1st, 2011
davidguide The Cost of Funds Index was 32 basis points better on Dec. 31, 2010, than a year earlier, the Federal Home Loan Bank of San Francisco reported. A more moderate 18-basis-point improvement was recorded for the one-year Treasury yield during the same period, based on Department of the Treasury data. During just December, COFI was [...]
Federal Funds for Delinquent NC Borrowers
December 3rd, 2010
davidguide A federally funded program could help as many as 21,000 North Carolina homeowners who have lost their jobs keep their homes. The program is for those who missed payments through no fault of their own because of temporary hardship occurring on or after Jan. 1, 2008. Applicants must show proof of their job search or [...]
Mixed Movements for ARM Indices
November 1st, 2010
davidguide The Cost of Funds Index moved 5 basis points lower during September, the Federal Home Loan Bank of San Francisco reported. The yield on another index used for adjustable-rate mortgages, the one-year Treasury, was 2 BPS higher than August. But the six-month London Interbank Offered Rate fell 6 BPS during the same period. View full [...]
Loan Advance Without Teletrack – Get Funds Right Away With Loan
October 25th, 2010
davidguide One day or the other, we fall into shortage of funds. And in such hard situations to going on our flow of life smoothly, we need extra funds immediately. If these needs are left unfastened for some time, then they can guides to a huge problem for you and your family. There are number of [...]
Money Before Payday- You Can Avail Funds Before Salary Day
October 22nd, 2010
davidguide At any time if you stuck in financial crisis then don’t be panic just go for money before payday. These are financial schemes which provide you enough financial support in your hard time. As the name refers, these loans will provide you fund on same day of applying. But these loans are best substitute for [...]
Start Up Business Loans- Funds for a Perfect Start
June 15th, 2010
davidguide Are you planning to start your own business soon? Is the shortage of finance stopping you from doing do? Now, it is time to get away from all kinds of tensions. As start up business loans would give an ideal kick-off to your new business in an absolutely positive way. After the acquisition of this [...]
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