Why is the failure (or need for government support) by Fannie or Freddie cause mortgage rates to rise? How does this correlation? How mortgage rates respond to the circumstances of Fannie Mae and Freddie? There is a correlation risk. More and more failures there are, the highest rates possible. The higher rates used to help [...]

Why mortgage brokers want an appraisal before giving a date? If you are not satisfied with the quotation, which lost about $ 350 for this assessment. Well I own a mortgage company and should not be doing that. They should give the first date. It is a kind of bait and switch. If you have [...]