This is the third, and last part, of the posts I wrote to helps us get up to speed with the disclosure requirements that will replace the current application and closing of mortgage transactions comes August 2015.
Mortgage rates improved a tiny bit today, but the rate itself has not changed per se unless you weigh in all the costs/points associated with what is being quoted. The most prevalently quoted conforming 30yr fixed rate for...
This is the second part of the synthesized information about the upcoming new disclosure requirements for the application and closing of mortgage transactions. As I mentioned in the first installment, part one presents the
Thursday - June 26, 2014, 10:35am ET Current Trend Direction: Sideways to higher Float/Lock Bias: Cautiously FloatingCurrent Price of FNMA 3.5% Bond: $102.72, +16bp Tame inflation from the Fed's favorite gauge of...
Mortgage rates fell today following the much weaker-than-expected reading on Q1 GDP. The most prevalently quoted conforming 30yr fixed rate for best-case scenariosis 4.25% with4.125% costing a few dollars more. A huge miss on...
With over half of buyers using open houses as a critical tool to shop for homes, spring and summer open houses represent valuable opportunities for sellers to entice potential buyers. Take this opportunity to prepare for your...
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