Yes, that’s not a typo or missing some additional .5 or .75. As mortgage backed securitities continue to gain steam due to overall weakness in the economy the rates for Conventional and Government loans have reached new lows. For the first time in my years as a Loan Originator I had clients close on a purchase [...] Read more
Tag Archives: Tacoma Home Loans
Real Estate Nationwide
Tacoma Home Loans
There have been major overhauls in the mortgage industry over the past several years with loan programs going away, qualifications getting more restrictive and an increase in documentation and disclosures for borrowers. The US Department of Housing and Urban Development (HUD) has introduced new elements to the Real Estate Settlement Procedures Act (RESPA) many of which [...] Read more
