With interest rates dipping as low as 4.25% to 4.75% on a 30 year fixed, the tax credit gone should not make much of a difference in the minds of home-buyers. However, that has not been the case. So far the mortgage application volumes since the tax credit ending has been very low. Most borrowers [...]
Full Story »I am sure you have heard about this by now, but if you have not let me share again. Effective July 1, 2010 all Mortgage Bankers and Mortgage Brokers in the State of Arizona will require their loan originators to be licensed. Now based on an exemption in the laws the big Interstate Chartered Banks do [...]
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