UNHARPING? Sure! If it makes sense! If I refinanced your loan with a HARP loan, chances are your rate is over 5%. It may be time to see if your equity has recovered to refinance into a lower rate conventional mortgage! DSNews By: Brian Honea January 29, 2016 Approximately 3.4 million homeowners […]
Category: Interest Rates
Exposure to Risk is Declining for Fannie Mae and Freddie Mac—But So Are Revenues
DSNews BY: Brian Honea November 17, 2015 Seven years after the housing market crashed, serious delinquency rates for most mortgage portfolios are at or near pre-recession levels, and the GSEs are no exception. The GSEs’ exposure to credit risk from mortgages originated during the years of the housing bubble continues to be “significant but declining,” […]
Majority of Americans Unconcerned Over Fed’s Rate Increase
Majority of Americans Unconcerned Over Fed’s Rate Increase DSNews by Scott Morgan January 20, 2016 In a recent survey which asked consumers how they felt about the effect of the Federal Reserve’s recent rate hike on the economy, more than half of respondents (56 percent) were not concerned—Any worries expressed over the Federal Reserve’s recent […]