Happy Good Friday to all!  What a crazy but interesting week in the markets.  Rates, stocks, and markets have been all over the board in every known direction.  Tipically, after the Federal Reserve cuts the Key Interest Rate, we will see a little jump in rates.  This happened on Tuesday the 18th, but only for a short while.  Wednesday, the 19th, morning through today, rates have been very attractive and very strong.  There is still time out there for those of you who have ARM refi's in your pipeline to really help these borrowers out and put some extra money in your pocket at the same time! 

     Also remember Verifiable Liquid Assets save deals!  It seems that if your borrower is under a 680 FICO, you can't do a loan anymore.  But, if your borrower has 30K in assets, this can easily take a 625 FICO to Approve/Elligable on DU.  Sounds pretty obvious I know, but I see alot of people giving up on deals that could possibly make them a lot of money! 

     Have a great, safe, Easter weekend and I hope you all get to spend some quality time with the family!  Take care!

     Jacob Webster...Sagamore Home Mortgage...866-905-6555