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According to a recent AP poll, 3 out of 10 homeowners said they are concerned their home's value will decline over the next two years, while 14 percent expressed worry that they not be able to make their mortgage payments in the next six months....
In the latest (April 14, 2008) edition of the online 'zine, "Originator Times", I found the following republished article (from October 2007) forecasting the demise of the Mortgage Broker. "Uh-oh." It was even titled, "Mortgage Brokers May Be ...
According to HSH's overall 30-year Fixed-Rate Mortgage Indicator (FRMI) (both conforming and jumbo loans) dropped .11 to 6.47%. For the first time in awhile, conforming and jumbo mortgages have been moving in tandem, with 30-year conforming...