HomePlus MV

HomePlus MV Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from HomePlus MV, Mortgage brokers, Mission Viejo, CA.

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Industry Leading Mortgage Rates
With Award Winning Customer Service

As manager of Home Plus Mortgage Mission Viejo, James Lunnen and his team have funded over 3 billion dollars of loans. 2021 HomePlus Corporation dba HomePlus Mortgage, NMLS 78669

https://www.nmlsconsumeraccess.org/TuringTestPage.aspx?ReturnUrl=/EntityDetails.aspx/COMPANY/78669

Branch Manager – James Lunnen, N

MLS ID 325261
Arizona Mortgage Broker Branch # 1007918
CA DRE Branch Office # 01426454
Florida Mortgage Broker Branch # MBRB433
Oregon Mortgage Lending Branch # ML-5786-1
Texas – SML Mortgage Company Branch # 1808597
Washington Mortgage Broker Branch # MB-1808597

12/06/2011

Mortgage Bonds open near unchanged but Treasury prices push lower. Late yesterday S&P warned of a downgrade to all of the Euro countries if leaders fail to hammer out a credible plan to shore up the region's debt crisis. LIBOR, the index commonly used by banks to index their adjustable rate mortgages, continues to move a bit higher. Stocks and Bonds trade in a tight range today in the absence of any economic data and without any major headlines out of Europe. Bonds up 6bps and dow up 52 at market close.

12/02/2011

Job creations came in at 120K right on expectations with upward revisions to previous readings. There was a rather sharp decline in the unemployment rate to 8.6% vs. expectations of 9.0%. Is this sharp decline real - let's look behind the numbers. About 315K people were removed from the workforce because they totally gave up looking for work and are now not counted as unemployed. The Labor Force Participation Rate, the measure of how many people participate in the US labor force, fell to 64.0 from 64.2 and currently hovering at a 30 year low. Stocks should be WAY up on the Unemployment number but only saw a short steep bounce higher and are now only up 54 points after the market analyzed the numbers behind THE number. Now, you know the rest of the story!

12/01/2011

Dow down 25 pts. and Bonds down 3bps on the day. Initial Jobless Claims climb 6,000 to 402K and above the consensus of 390K. Expect Non-Farm Payrolls up slightly tomorrow (123K+-) but still not to levels that will reduce unemployment. Unemployment number expected to remain the same tomorrow at 9.0%. ECB's Draghi says ‘downside risks' have increased for the Eurozone. Just yesterday stocks exploded on the good news about the Euro and today ECB says increased downside risks, what a yo-yo. ISM Manufacturing Index for November rises to 52.7, above the previous reading of 50.8. Short term rate locking bias, Long term rate floating bias.

11/30/2011

Stocks surged today as the Dow rose a little over 4%, fueled by the global central bank liquidity announcement, the strong ADP report, better than expected Pending Home sales and a solid report from the Chicago PMI. But Mortgage Bonds held up surprisingly well supported by the notion that the Fed may purchase Mortgage Backed Securities to help the struggling housing market. Tomorrow's data includes Initial Jobless Claims and the closely watched ISM Manufacturing Index. Cautiously floating rate bias.

08/22/2011

There are no economic reports today. Bonds moving sideways in a tight range down today 38bps and Dow up 37 pts. The Treasury will sell $99B in Notes and Bonds starting Tuesday and ending Thursday. Possible market movers this week - Wednesday Durable Goods, Thursday Initial Jobless Claims and Friday GDP. Recession fears push Gold to record $1,898/oz. this morning - Silver at $43.40/oz.

08/17/2011

Bonds currently up 19bps and the Dow down 50 pts. The Producer Price Index at 0.2% vs. the 0.0% expected - Core PPI at 0.4% vs. the 0.2% anticipated. Expect Core CPI report to be negative tomorrow also as inflation continues to moderately creep into the economy. Gold at $1,786/oz. trying to break through the $1,800/oz. psychological barrier. Anticipate Philly Fed Index lower tomorrow showing a continued slowing in the economy.

08/11/2011

Dow snapped back with a big rally soaring 423.37 to points to close at 11,143.31 led by a drop in weekly claims and better than expected earnings from tech giant Cisco Systems. The rally fueled a big move lower in Bond prices as investors took the opportunity to cash in some profits and as today's $16B 30-yr Bond offering showed poor results. The 3.5% coupon fell 119bp to end the session at 100.56. Tomorrow Retail Sales and Consumer Sentiment.

Address

Mission Viejo, CA
92691

Telephone

+19498552905

Website

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