, News

Mortgage Rates Hit 4.0% For First Time Since May 2019

There are many different ways to track mortgage rates and several different sources quoted in the news.  For decades, the most prevalently-quoted source has been Freddie Mac’s weekly primary mortgage market survey.  It consists of a questionnaire sent out to loan officers at the beginning of every week.  They can respond as late as Wednesday, but the…

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, News

The Whole Truth and Nothing but the Truth

I just saw an ‘ad’ that came from the Royal Palm Association of Realtors that called mortgage brokers “middlemen” which I took as a dig against mortgage brokers, while the person in the ad stated: versus a “traditional bank or mortgage banker like himself” making it sound like that is better.  That is very interesting…

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