Navigation


RSS: articles / comments



Home

 

 

900 Commonwealth Place  Suite 230
Virginia Beach
,  VA 23464
757-333-9165

Consumer Financial Services
“Your Lead to Financial Freedom”

We offer a wide array of insurance and investment products, and the discipline to see it through.

IF YOU ARE FACING FINANCIAL HARDSHIP, GIVE US A CALL!

 

 


The Debt Excelerator: Your lead to Financial Freedom

Consumer Financial Services practices Four (4) simple steps in planning your Financial Freedom:

 

STEP ONE

Create Your Debt Plan

Don't just consolidate your debt: Eliminate your creditors!  The Debt Excelerator team will provide a custom debt plan just for you.

 

STEP TWO

Build Your Emergency Fund

Create a fund of LIQUID CASH that will out-pace inflationand provide three (3) to six (6) months of income.

 

STEP THREE

Protect You And Your Family

We will work with our clients to find the best Life, Health and Disability plans for you and your family from our portfolio of over fifty (50) top-rated insurance companies.

 

STEP FOUR

Plan For Your Retirement

We are dedicated to work with you and your family to achieve your long-term retirement goals - working with the biggest and best names in the industry.

 

 

 

 

Privacy Notice

This privacy notice discloses the privacy practices for www.financialfreedomcfs.com. This privacy notice applies solely to information collected by this web site. It will notify you of the following:

  1. What personally identifiable information is collected from you through the web site, how it is used and with whom it may be shared.
  2. What choices are available to you regarding the use of your data.
  3. The security procedures in place to protect the misuse of your information.
  4. How you can correct any inaccuracies in the information.

Information Collection, Use, and Sharing
We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you. We will not sell or rent this information to anyone.

We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request, e.g. to ship an order.

Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information
You may opt out of any future contacts from us at any time. You can do the following at any time by contacting us via the email address or phone number given on our website:

  • See what data we have about you, if any.
  • Change/correct any data we have about you.
  • Have us delete any data we have about you.
  • Express any concern you have about our use of your data.

Security
We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. You can verify this by looking for a closed lock icon at the bottom of your web browser, or looking for "https" at the beginning of the address of the web page.

While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.

If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at (757) 333-9165 or via email.

 



News

Category: General
Posted by: webmaster

 

MBS RECAP: Bond Markets Try to Hold Gains After Ukraine-Inspired Rally

Posted To: MBS Commentary

For all the possibilities, today ended up being both surprising and straightforward for bond markets. The surprise was that Ukraine headlines turned out to be the biggest market mover as they introduced a new level of physical violence and heightened risk of civil war. In quintessential "flight-to-safety" fashion, stock prices and bond yields fell in almost perfect unison. All told, it was enough to bring bond markets into positive territory after starting the day in the red. As the headlines stopped coming, and after the European session closed, domestic markets turned around and unwound a good amount of the "risk-off" movement. Stocks ended up making it all the way back to morning highs while bond markets only gave up about half their gains. Heading into the end of the...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Mortgage Rates Hold Ground After Ukraine Headlines

Posted To: Mortgage Rate Watch

Mortgage rates started the day in weaker territory, continuing higher for a second straight morning. Just after 10am, headlines regarding violence in Ukraine sent stocks lower and provided demand for fixed-income. The move out of stocks and into bonds is a common reaction to disconcerting headlines, and it's also common for Treasuries to soak up more of the benefit compared to MBS, the 'mortgage-backed-securities' that most directly influence mortgage rates. Increasing demand leads prices higher in bond markets, which translates to lower rates . As such, improvements in MBS into the afternoon led many lenders to issue positively-revised rate sheets . For all intents and purposes, these rate sheets brought the average rate back in line with yesterday's latest levels. That means the most prevalently...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


MBS MID-DAY: Bond Markets in Rally Mode After Visit From Old Friend

Posted To: MBS Commentary

Geopolitical risk is an old friend to bond markets. When prospects for awful things flare up at home and abroad, money tends to flow out of stocks and into bonds. That's been the case so far today as Treasury yields and stock prices have plunged in unison after a series of headlines out of Ukraine suggesting some semblance of civil war. Before that, bonds, including MBS, started out in weaker territory, but did a decent job of holding their ground . Weaker-than-expected manufacturing data from the NY Fed may have helped to some extent as prices generally rose from there on out. At present, bond markets continue delving into positive territory. Treasuries are already well past yesterday's best levels and MBS are close to matching theirs. There is no other significant scheduled data on...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


No Spring Breakout as Builder Confidence Stalls

Posted To: MND NewsWire

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose to 47 this month, indicating a slight improvement in the confidence of home builders in the market for new single family homes. At the same time the March HMI was revised down to 46 from 47 . NAHB constructs the HMI from results of a survey it conducts monthly among its homebuilder-members. Respondents are asked to give their perceptions of current single-family home sales and expectations for those sales over the next six months as "good," "fair" or "poor." The survey also asks builders to rate traffic of prospective buyers as "high to very high," "average" or "low to very low." Each set of responses as well as the composite are used to calculate seasonally adjusted indices where any number over 50...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


New Home Applications Up in March

Posted To: MND NewsWire

The Mortgage Bankers Association (MBA) estimated today that there was a 15 percent increase in applications for new home purchases in March compared to February even as the annual pace of new home sales eased. MBA's Builder Application Survey (BAS) which tracks mortgage application volume from mortgage subsidiaries of home builders, indicated that sales of new single-family homes were running at a seasonally adjusted annual rate of 479,000 units in March, a decrease of 10.1 percent from the February estimate of 533,000 units. On a non-seasonally adjusted basis MBA estimates sales for the month at 46,000 units. This is an increase of 7.0 percent from the estimated 43,000 sales reported in February. Conventional loans made up 68.3 percent of new home purchase applications and FHA-backed mortgages...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Consumer Expectations Rise Slightly Along with Inflation Fears

Posted To: MND NewsWire

Another survey has found a slight overall improvement in consumer attitudes toward the economy. The New York Federal Reserve Bank said that its monthly Survey of Consumer Expectations (SEC) for March showed increasingly positive attitudes toward income growth, employment, and access to credit. At the same time consumers appear more wary about the possibility of inflation and have moderated their outlook toward the growth of home prices. Consumers' expectations about median earnings growth over the next six months had remained flat from the survey's inception in June 2013 but began to climb at the beginning of this year and rose to 2.4 percent in March, the survey's highest point, from 2.26 percent in February. The Fed said the expectation of higher wages increased among consumers everywhere...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Mortgage and Bank M&A; Ellie's Announcement; United Wholesale Rolls Out Non-QM

Posted To: Pipeline Press

Don't forget: the bond markets close early on Thursday , and are closed entirely Friday. LOs know that any lender taking locks will price conservatively. But today it is business as usual, although being April 15 th retailers are "giving away" deals. Arby's is offer snack-size curly fries - you must print the coupon from its website. McDonald's will give away free small coffees - breakfast hours only. California Tortilla will give away free chips and queso - you must say the secret password though "taxes schmaxes". Hard Rock Cafe will give free dinners away - You must sing a song in front of everyone. BLT Restaurant and Bar locations will have half-off alcohol drinks. Sonic will also offer half-price slushes and soft drinks. Bruegger's Bagels will offer 13 bagels and two tubs of cream cheese...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


MBS Day Ahead: 2nd Chance to Fight Off Weakness; Economic Data Continues

Posted To: MBS Commentary

Financial securities have a tendency to alternate between periods of movement and consolidation. Obviously, if something isn't moving higher or lower, then it's sideways. What isn't always obvious (in many cases, not until hindsight comes into focus) is whether the sideways consolidation is a pause before continuing in the same direction, or a pause for consideration before reversing. The current risk for bond markets is that yesterday's weakness following 7 days of strength is the first step in such a reversal, but we'd have to see more weakness in order to confirm that. In fact, the levels at which markets chose to find their footing yesterday (or '' to meet resistance' in the case of stocks) definitely leave open the possibility that the counter-trend moves...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


MBS RECAP: Moderate but Persistent Weakness After Retail Sales

Posted To: MBS Commentary

Nothing has changed from the Mid-Day Commentary , as MBS continue bouncing along the same lows that offered support earlier this morning. Treasuries have also been contained by their weakest levels of the day. Neither has sold off in any extreme way--indeed MBS are only down 4/32nds --but the losses could still end up being important. Reason being: today's weakness potentially markets a turning point similar to several other examples in 2014 where rates have traversed their narrow range, bounced, and headed back in the other direction. We'll know more about whether or not that bounce is materializing tomorrow, but for today, we have extended runs in one direction coming to an end in both stocks and bonds. MBS Pricing Snapshot Pricing shown below is delayed, please note the timestamp...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Mortgage Rates Snap 7 Day Winning Streak

Posted To: Mortgage Rate Watch

Mortgage rates finally ended a move lower that began 7 business days earlier on April 3rd. The biggest movement during that time was the Employment Situation data on April 4th. While those jobs numbers were actually decent and while rates tend to benefit the most from more downbeat data, markets were positioned for surprise improvement. When they didn't get it, some of that defensiveness abated, and rates went back to their lowest levels in a month. Stock market losses and other movement away from risk in global financial markets helped drive demand for US Treasuries and MBS (The "Mortgage-Backed-Securities" that most directly affect mortgage rates). Greater demand for MBS translates to lower rates. It won't always be the case that stock prices and interest rates move in the same direction...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Links