Roll Day: Why Do Longer Lock Periods Cost More?
{ Posted on Jun 09 2011 by Adam Quinones }
June Freddie and Fannie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY???
Today is Class
A Notification Day in the secondary mortgage market.
"Notification" is part of the ...Read More »
My goal in creating this blog is to provide an honest, inside view of the mortgage industry, and to explain the process of obtaining a mortgage in the most straightforward and effective manner possible.
There are so many aspects of the loan process that consumers don’t understand, seemingly basic things that can affect your interest rate substantially, costing you thousands each year. And they can be resolved with minor solutions, often just by reading blogs like this. So go ahead, browse the site and educate yourself. Because in this industry, knowledge equals savings! »