ARE MORTGAGE FEE SHIFTS A NEW FORM OF SOCIALISM?

ARE MORTGAGE FEE SHIFTS A NEW FORM OF SOCIALISM?

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...

Weekly Mortgage Report – November 4, 2022

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...