In a move by the Biden administration, high-credit borrowers are essentially subsidizing lower-credit buyers. How is this even possible you may ask? I’ve collected a few articles below for your information along with commentary from one of my preferred lenders. From...
Here is this week’s update on the mortgage industry from my friend Mary Frances Ahlquist at Sulquist Mortgage: For the first time in a month, the Freddie Mac Primary Mortgage Market Survey reported a drop in the 30-year fixed rate, down 13 basis points. Mortgage rates...
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