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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...
09/10/2007
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 ...
08/30/2007
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...
08/23/2007