Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory
The Fed will likely hold the line on short-term interest rates at its meeting next week
Another NAMB West conference has come and gone. Feelings are mixed here in Las Vegas where I write this article.
Agriculture Secretary Tom Vilsack today announced that the U.S. Department of Agriculture is launching a pilot program to help rural borrowers refinance their mortgages to reduce their monthly payments.
In my last column I discussed the outlook for interest rates in 2010. The basic premise of the forecast was: DONT EXPECT 2009 RATES IN 2010