advice: FHA Limits Raised
- 03/07/08 04:32 AM
Great News! FHA has increased their loan limits. To see how it has affected your state and county follow the following link: https://entp.hud.gov/idapp/html/hicostlook.cfm … (1 comments)
advice: Market: What is going on?
- 03/07/08 04:23 AM
The Capital Markets Sales Desk has fielded a large number of calls from customers simply asking, "What's going on? Why is the mortgage market trading lower every day?" The following are reasons that could help explain why mortgages are struggling and why current market conditions are so volatile:
The question is, "Why are mortgages widening or losing value vs other benchmarks like treasuries?" Mortgages are widening for a number of reasons. First, there are no buyers. The dealer community is quite full and has no more balance sheet to hold mortgages. In addition, with the market so volatile, dealers don't want to own … (0 comments)
Great News!;)
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