Mortgage Rates

Mortgage Rate Update – Bond Prices vs. Investor Appetite, FHA Rates Go Up





It has become clear that mortgage bond prices are not the dominant driver of mortgage rates right now. Investor appetite, capacity and preferences are causing massive volatility and inconsistency in mortgage pricing by the hour. Government loan programs (FHA/VA/USDA) are facing higher rates and tighter approval standards as the big banks ‘pick and choose’ what loans they want and at what price.

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3 comments

  1. Anyone trying to buy a house right now is clearly insane! 10 million people just lost their jobs, you should look when those 10 million default on their mortgages. I’m pretty sure you’ll find something then. Only question is how much will your money be worth when the smoke settles.

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  2. nice video!

    Reply
  3. great video dude

    Reply

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