rate: Mortgage Market Rate Watch for the Week of October 20th, 2008 - 10/28/08 03:59 PM
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Mortgage Market and Rate Watch For Week of October 20th, 2008
What To Watch This Week? The number one (and most obvious) thing to keep your eye on this week is the reactions to the Fed decision Wednesday.  It is everyone’s expectation that the Fed will cut.  I think the question is how much they will cut.
Remember, Fed Cuts Do NOT Equal Lower Mortgage Rates! It’s commonly mistaken that mortgage rates move lower when the Fed cuts.  Remember, the Fed Funds Rate (FFR) doesn’t directly correlate to mortgage rates.  In fact, … (0 comments)

rate: The Repricing of Risk: Results with Fannie Mae and Freddie Mac - 12/31/07 06:24 AM
The mortgage market has been a unique one as of late.  I've been saying for the last year that lenders are currently re-pricing risk across the board, almost as if their looking over the ledge and backing away to stay in business. The reality is that lending guidelines became very lenient and default rates went through the roof and lenders lost a lot more money than they planned on loosing.  Obviously when lenders are going out of business left and right something has to change.
Recently, large mortgage purchaser Fannie Mae made an announcement of an 'Adverse Market Delivery Charge'.   This is … (0 comments)


Tyler Osby

Urbandale, IA

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The Tyler Osby Team at Fairway Independent Mortgage

Address: 8515 Douglas Ave, Suite 22, Urbandale, IA, 50322

Office: (515) 257-6729

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A blog updated daily educating you on how to do more with your money. Topics range from basic tips and tricks with personal finance to mortgage terms and market news.



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