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Mortgage Rates - Tag Page

M&I Bank - Home Lending Solutions Review

M&I Bank FSB - Home Lending Solutions is a wholesale lender owned by the parent, Marshall & Ilsley Corporation (NYSE: MI), a regional bank founded in 1847 and is a lender which networks to mortgage brokers in 37 states. We uncovered three phone numbers, three websites, and a link to customer complaints. M&I Bank - [...]

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Mortgage rates in the last week in May 2009 saw a dramatic and baffling increase. Mortgage rates rose from about 4.75% for a 30 year fixed mortgage to about 5.25% in a matter of days. We were getting lender rate adjustments via email sometimes three or four times a day. Needless to say, everyone wants [...]

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Here is the question: Ken asks, “Does YSP apply to government mortgages as well creating higher than necessary FHA and VA mortgage rates?” “I have a friend who swears that FHA rates are FHA rates because of the assistance aspect- no more, no less. I am fairly confident that it does not matter and those [...]

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Mortgage Rate Survey – Week of 7-31-2008

Freddie Mac release mortgage rate survey results showing average 30 year fixed mortgage rates for the week ending July 31, 2008 down from to the previous week 0.11% from 6.63% to 6.52%. Freddie Mac Chief Economist, Frank Nothaft, said, “Mortgage rates moved lower this week as a drop in commodity prices eased market concerns over [...]

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How To Read Mortgage Rate Sheet

A mortgage rate sheet is a godsend when it comes to keeping loan officers honest. The wholesale mortgage rate sheet tells the tale when you are quoted an inflated rate. You can catch this artificial upping of the rate (Yield Spread Premium or Service Release Premium) and eliminate it by knowing how to read a [...]

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