Many of you have probably seen the lead story in the Arkansas Democrat Gazette this past week concerning mortgage loan foreclosures nationwide.  While this has obviously become a significant problem in the sub-prime markets I would like to touch on a few points as it relates to the mortgage indus...
Assume that the Fed cuts the discount rate.  Will this be a good thing or a bad thing for mortgage interest rates?  Lower rates are good across the board, right?  Consumers get excited, rush out to buy a house and then call for that lower rate.  Right?  Maybe, maybe not.  You may be surprised at ...
With all the negative press about the mortgage industry, it is hard to believe that some, if not most, of the available mortgage programs are experiencing a decline in rates.  That is, a decline that is relative to where rates we 30,60, or even 90 days ago.While some wholesale lenders are experie...

Claude Cousins

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