by Jacob Lilley | Apr 24, 2020 | Blog, Mortgage Rates
One of the most critical features of the modern mortgage market is the fact that mortgage investors can count on getting repaid even if the homeowner isn’t making payments. The mortgage servicer is the first line of defense, but it’s the agencies (Fannie,... by Jacob Lilley | Apr 17, 2020 | Blog, Mortgage Rates
While some aspects of the housing/mortgage market have stabilized over the past few weeks, we’re still waiting for some important guidance about the path ahead. The last few newsletters are worth revisiting, but here’s a recap: Lockdowns = unprecedented... by Jacob Lilley | Apr 10, 2020 | Blog, Mortgage Rates
The last few newsletters paint an incredibly interesting and volatile picture for the mortgage market. Just as the industry was coming to terms with unprecedented market volatility due to coronavirus, the details of the CARES Act (the coronavirus... by Jacob Lilley | Apr 3, 2020 | Blog, Mortgage Rates
Things are changing rapidly in the mortgage market. Almost overnight, loan programs have disappeared, interest rates are all over the place, and more than a few lenders are closed for business indefinitely. All this despite the Federal Reserve buying more than $100... by Jacob Lilley | Mar 27, 2020 | Blog, Mortgage Rates
There’s been no shortage of crazy weeks in the mortgage market lately, and this one was not to be outdone. By the end, the prices of the bonds that normally determine mortgage rates surged well into record highs. That would normally suggest the lowest mortgage...
