{"id":76096,"date":"2009-12-11T10:48:49","date_gmt":"2009-12-11T15:48:49","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2009\/12\/11\/news-from-ing-chase-union-bank-gmac-central-pacific-rates-moving-higher\/"},"modified":"2009-12-11T10:48:49","modified_gmt":"2009-12-11T15:48:49","slug":"news-from-ing-chase-union-bank-gmac-central-pacific-rates-moving-higher","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/76096","title":{"rendered":"News from ING, Chase, Union Bank, GMAC, Central Pacific; Rates moving higher"},"content":{"rendered":"<p>\u00a0<\/p>\n<p><a href=\"http:\/\/www.mortgagenewsdaily.com\/channels\/pipelinepress\/default.aspx\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; border-top: 0px; border-right: 0px\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/pipeline-press8.png\" border=\"0\" alt=\"pipeline-press\" width=\"470\" height=\"91\" \/><\/a><\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/rob-chrisman-daily8.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; border-top: 0px; border-right: 0px\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2009\/12\/rob-chrisman-daily_thumb.jpg\" border=\"0\" alt=\"rob-chrisman-daily\" width=\"475\" height=\"57\" \/><\/a><\/p>\n<p>I am very excited, because last night I received news that I had won $5 million in the Netherlands lotto! Unfortunately I will receive $5 a year for a million years&#8230; Seriously, not a day goes by that I don\u2019t receive some e-mail like, \u201cWherein your email address emerged as one of the online Winning emails in the 1st category and therefore attracted a cash award of EUR1,500,000.00 (One Million Five Hundred Thousand Euros) and a Compaq laptop.\u201d AND a laptop!? Life doesn\u2019t get any better.<\/p>\n<p>How did mortgage rates and prices do yesterday? Not too bad, all things considered. Traders reported selling from money managers and originators and \u201clighter than usual\u201d buying from the Fed at the start of the day, but then that reversed itself as the day progressed. There are no large Treasury auctions in the near future, unlike this week which finished things off with the $13 billion 30-yr bond auction yesterday.<strong>Today we\u2019ve already seen a strong Retail Sales number, which has pushed rates higher<\/strong>. Retail Sales increased 1.3% last month, the largest advance since August, after rising by a downwardly revised 1.1% in October. It was the second straight monthly gain. Compared to November last year, sales were up 1.9 percent, the first year-on-year gain since August 2008. <strong>The numbers have pushed the 10-yr yield up to 3.53% and made mortgage prices worse by about .250.<\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.mortgagenewsdaily.com\/channels\/pipelinepress\/12112009-union-bank-gmac-yield-curve.aspx\">more news on yield curve, Fed MBS purchases, Jamie Dimon on losses, ING, RESPA changes, Union Bank, GMAC, US Home, Plaza Hom Loans, and joke of the day &#8230; &lt;&lt;&lt; CLICK HERE<\/a><\/strong><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=cVMHYu6tKc8:2oH-LonOcMI:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=cVMHYu6tKc8:2oH-LonOcMI:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=cVMHYu6tKc8:2oH-LonOcMI:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=cVMHYu6tKc8:2oH-LonOcMI:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=cVMHYu6tKc8:2oH-LonOcMI:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=cVMHYu6tKc8:2oH-LonOcMI:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=cVMHYu6tKc8:2oH-LonOcMI:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/cVMHYu6tKc8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 I am very excited, because last night I received news that I had won $5 million in the Netherlands lotto! Unfortunately I will receive $5 a year for a million years&#8230; Seriously, not a day goes by that I don\u2019t receive some e-mail like, \u201cWherein your email address emerged as one of the online [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-76096","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/76096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=76096"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/76096\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=76096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=76096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=76096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}