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lock: Until Mortgage Bonds Get More Press, You Must Find An Advisor You Trust - 10/29/08 12:32 AM

Unlike the stock market, it's hard for the average person to know when the mortgage bond market is getting turned upside-down. 
Looking at the past few weeks, mortgage rates have been very volatile, going up, down, and then up again. Usually the mortgage bond market moves in the opposite direction of the stock market, but sometimes it has moved in the same direction. A lot of people have been surprised and some even have been burned with the sudden changes in mortgage rates especially if they have been looking to the stock market as an indicator of how mortgage rates … (5 comments)

lock: 5 Reasons Why Loans Go Awry at the 11th Hour - 09/02/08 03:07 AM
I am sure many of us have seen scenarios where buyers and sellers have moving trucks packed and people literally sleeping on couches or even on the floor waiting for a loan to fund and then for everything to blow up at the last minute?....AAARRGGGGGHHH!!!!
Often times, I have had deals brought to me after being submitted to several other lenders where supposedly either the borrower didn't qualify or something was wrong with the property and, of course, the parties involved didn't find out about the problems until the 11th hour.
One recent instance happened to a buyer whose file was … (69 comments)

 


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