Consumer Sentiment - The final reading for March is revised to 80.0 vs market expectations of 80.5. Not a major miss...certainly not enough to cause a major swing in rates.

The day wouldn't be complete without Mortgage News: Don't forget about your locally owned and operated Mortgage Company right here in The Woodlands operated by Steve Head and Team Txpm! Texas Premier Mortgage is dedicated to serving our local customers, providing exceptional "red carpet" service, helping our partnerships grow their business in 2014, and providing a direct impact to local charitable organizations. If you have a passion for a local charity you wish to share please send me an email or direct message.

On the last Agent Mastermind class, we had a special guest on with us to share how you can go from relationships to referrals and have a lot of fun while you do it. The response was amazing and we are bringing him back to help you take it to the next level! Remember that referrals are the key to our business and in order to get business, we must give it away as well. As was mentioned on the first class, the more you give, the more you’ll get, and having this mindset is imperative to our success. Michael J. Maher, author of the book “The Seven Levels of Communication: Go From Relationships to Referrals,” will be joining us again this Tuesday to talk about how you can take your referral mastery to the next level! http://agentmastermind.com/stevehead/ On this special class, Michael is going to share: • The Legacy Referral Strategy • How to get a referral today with this strategy • How to know the exact value in dollars of your database This class is the second class of a two part series and it’s imperative that you watch both sessions to get the full benefit. If you are looking for a simple way to increase your effectiveness and your referrals, then these classes are a must for you. I look forward to seeing you there on Tuesday, March 25th at 11:00. PS…Last week’s class is the lead in to this week, so if you missed it, you need to watch it first. Let me know if you need a copy.

Rates are slightly down this afternoon with the 10 year bond trading at 2.73.

Exxon Mobil Relocation | The Woodlands TX Real Estate Texas Premier Mortgage is located a few minutes from the new Exxon Mobil campus. We will help you find a local realtor or builder and guide you through the home loan process here in Texas. We provide the contacts, communication, and knowledge you need to make process a smooth transistion for you and your family. You can call us direct at 281-907-6401 or fill out a "quick quote" on the main page. We have BBB Accredited Award Winning Service and an A+ business rating. Txpm is also a member of The Woodlands Area Chamber of Commerce.

Mortgage Expert: Rates are holding from Friday's close with no major up/down adjustments despite the Ukraine/Russia vote and market roaring upwards of 175 points in afternoon trading.

Per the Texas Supreme Court's recent decision on the 3% fee cap on Texas 50(a)(6) transactions, Citi has clarified that escrow impounds, interim interest, and bona fide discount points are not to be included in the fee limitation test.

A weaker open in the stock market is improving the bond and mortgage markets this morning. The DJIA opened down 60, NASDAQ -20 and the S&P -8. The bellwether 10 yr note found support at 2.80% but still driven by the stock market. At 9:30 the 10 +10/32 at 2.73% -4 bps and 30 yr MBS price +15 bps from yesterday’s close. Most all global stock markets were lower setting up the weak US open.

Texas Premier Mortgage took another loan away from a local builders "preferred lender" - closed and done - Final Rate 3.22%, 15 year fixed - with $1500 in lower fees. Lower Rates + Lower Fees = Happy Borrowers!

Steve Head Mortgage Expert: The Market is down roughly 40 points in late trading - the 10 year bond is hanging in the 2.69 - 2.70% slightly lower from this mornings range of 2.71Take two seemingly similar people and give them both the exact same opportunity. One takes it and has remarkable success, the other doesn’t. One wins, the other does not.

Market Update from Steve Head = Expert in the mortgage world!: The market is on a tear this morning up over 225 points after a brisk sell off yesterday. The bond is also on the move at 2.699 - rates higher 3/4/2014.