At Least Temporary Stability for Mortgage RatesMortgage Rates Close August with Improvement

Mortgage and Lending with Southwest Funding

The thorny issues of mortgage credit and liquidity continue to partially paralyze the mortgage market. Before any improvements can take place in backed-up mortgage credit streams, things need to at least stop getting worse, and the market needs to find a stable place to stand. The market is still quite edgy, but if the last week or so is any indication, we may be holding onto a platform for the moment. How shaky that platform is remains to be seen. If you've not yet seen our thumbnail sketch of the mortgage liquidity crunch, here's a good opportunity to do so.

DFW Loan Officer

Jeff Schraeder

Imperial Mortgage

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