1000 Elbert Street Denver Valley Vista 5 Bed 2 Bath 2731 sq ft - Updated and Move-in Ready more details

4385 Balsam Street SW Denver  Lakeshore Village 2 Bed 2 Bath 1036 sq ft - Newer Condo - Great Views more details

4276 E Maplewood Way Centennial Rembrandt Place 3 Bed 2 Bath 1336 Sq Ft - Fix up - Priced Below Market Value more details

7193 West Hinsdale Littleton Columbine West 4 Bed 2 Bath 1915 sq ft - Fix up - Priced Below Market Value more details

9202 Hoyt Street Westminster Sunstream 3 Bed 2 Bath 1764 sq ft  Please call from more information

5180 Morning Glory - Highlands Ranch 3 Bed 3 Bath 2906 Sg Ft - Please call from more information

8201 Tennyson Street Westminster Westminster Hills 3 Bed 2 Bath 1857 sq ft more info

3736 W 85th Ave Westminster Shaw Heights 3 bed 1 Bath 988 sqft more info

2633 South Ensenada Way Aurora Sterling Hills 3 Bed 3 Bath 2423 sq ft Tenant Occupied - Call for info

If you have any questions about these homes call 720-422-1979 OUR LINKS:          Colorado Home Search - Search 20,000+ Front Range Homes Mortgage Money, Inc. - Apply Online

Mortgage Market In Review Week of April 14, 2008

Mortgage bond prices rose slightly last week pushing mortgage interest rates lower. Most of the data showed signs the economy continued to struggle. Unfortunately the Fed minutes showed increased inflation concerns, which tempered any major improvements in mortgage interest rates. Stocks bounced up and down, which resulted in continued whipsaw trading in mortgage bonds.

For the week, interest rates on government and conventional loans fell by about 1/8 to 1/4 of a discount point.

The consumer price index data Wednesday will be the most important event this week. The potential for market volatility is high surrounding the other releases as the economy continues to struggle.

Economic Indicator	Release Date and Time	Consensus Estimate	Analysis
Retail Sales	Monday, April 14, 8:30 am, et	Up 0.1%	Important. A measure of consumer demand. Weakness may lead to lower mortgage rates.
Producer Price Index	Tuesday, April 15, 8:30 am, et	Up 0.4%, Core up 0.2%	Important. A measure of inflation at the producer level. Lower than expected increases may lead to lower rates.
Consumer Price Index	Wednesday, April 16, 8:30 am, et	Up 0.3%, Core up 0.2%	Important. A measure of inflation at the consumer level. Lower than expected increases may lead to lower rates.
Housing Starts	Wednesday, April 16, 8:30 am, et	Down 3.8%	Important. A measure of housing sector strength. Larger than expected decrease may lead to lower rates.
Industrial Production	Wednesday, April 16, 9:15 am, et	Down 0.1%	Important. A measure of manufacturing sector strength. A larger than expected decrease may lead to lower rates.
Capacity Utilization	Wednesday, April 16, 9:15 am, et	80.4%	Important. A figure above 85% is viewed as inflationary. A decrease may lead to lower rates.
Fed “Beige Book”	Wednesday, April 16, 2:00 pm, et	None	Important. This Fed report details current economic conditions across the US. Signs of weakness may lead to lower rates.
Leading Economic Indicators	Thursday, April 17, 10:00 am, et	Up 0.1%	Important. An indication of future economic activity. Weakness may lead to lower rates.
Philadelphia Fed Survey	Thursday, April 17, 10:00 am, et	None	Moderately important. A survey of business conditions in the Northeast. Weakness may lead to lower rates.

The producer price index is a measure of prices at the producer level and is important because it is the first inflation report to be released each month. Investors are typically able to gain an initial indication of inflationary pressures from the release. If producer prices are increasing, there is a tendency for producers to pass the increases on to consumers in the form of higher priced goods. It is important to note that the PPI is only a measure of goods, while the consumer price index is a measure of goods and services. It is possible for the price of goods to remain stable, while the price of services increases. In this scenario PPI would do little to warn of a change in inflationary pressures, while the CPI report would provide an indication of the inflationary effects of the service component. This distinction between the two reports shows why most analysts view the CPI as a more accurate indicator of inflation. Nevertheless, market participants still gain valuable insight into potential volatility in the financial markets from the PPI.

Steven Saenger President-Operations Realty Plus Mortgage
Denver, CO
Direct : (720) 308-4922
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Mortgage Money, Inc. Wire

April 11, 2008
Current Trend Direction: Lower
Current Price of 10 yr Treasury:  $3.42, -.08 (red is good, interest rates are decreasing)
Washington Mutual  is under the gun again. Shares fell 7% in early trading Friday after analysts at Goldman Sachs said the Seattle-based thrift could be looking at $14 billion in additional loan loss provisions this year. The comments come just days after Washington Mutual managed to raise $7 billion by selling stock to a group led by private equity firm TPG, which is run by David Bonderman, a former WaMu director who as part of the deal agreed to rejoin the board. Goldman likes that deal, saying in Friday’s report, “The good news is that we believe WaMu’s $7 billion capital raise should prove sufficient.” But the bad news is that even after $3.5 billion in loan loss provisions for the first quarter - nearly double the thrift’s forecast of just three months ago - WaMu could be facing more problems in its mortgage book. “Our new product-by-product analysis of its mortgage portfolio suggests between $17 billion and $23 billion of embedded losses in WaMu’s current book of business, of which only $3 billion have been absorbed so far,” the Goldman analysts write. “Subsequently, we forecast a $14 billion provision charge in 2008 (up from $8 billion forecast previously).”