Keep on top of the Mortgage Rate market, check it out.
ARCHIVED BLOG POSTS
Rates have come off their lows from Monday and have improved every day this week. So what should we tell our clients going into this weekend, lock or float?We have retraced by more than 50% of the recent quick downturn, which for all technical junkies out there is a signal we might be running ou...
Let's just throw out the adjustable rates for now, clients are scared, and no one wants them fixed rates are usually a better or very close the same rate anyway, except for maybe the 3/1 ARM because of the inverted or flat yield curve(what ever those are) so I won't speak of them.How are mortgage...
I have seen posts on here and I have talked with quite a few account reps and brokers proclaiming FHA is the new sub prime. FHA may be saving people who have not totally lost control of their finances after a rate adjustment, but loan officers out there have a duty to do what is best for client...