Posted by Donna LaBelle on 12/19/13 11:32am
Msg #496629

check this out re: mortgage rates

http://finance.yahoo.com/news/mortgages-pricier-next-003400437.html

Reply by notary4az2 on 12/19/13 2:21pm
Msg #496645

This are part of the risk management (Dodd Frank Act) that went into effect in July 2013 that has totally slowed the lending market to a crawl. We just bailed out FHA to the tune of $1.7B and the fines that the lenders are paying are creating a high fee market all around. I have been seeing monthly premiums for Mortgage insurance skyrocketing. This is just the beginning!

Reply by Luckydog on 12/20/13 4:20pm
Msg #496774

Looks like another bad year.