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Mortgage News

Should you Pay Closing Costs?
Published: Sat, Dec 20 2008 1:28 PM by Victor Burek (Mortgage Rate Watch)
I thought I would write a weekend blog regarding closing costs. We are heading into a refinance boom so many readers are going to be refinancing and many readers are going to ask, should I or should I not pay closing costs? It does not matter what lender...

MBS UPDATE: Reprices Coming
Published: Fri, Dec 19 2008 1:35 PM by Adam Quinones (MBS Commentary)
We have left base camp and once again are attempting to ascend MBS mountain...REPRICES FOR THE BETTER ON THE HORIZON "I have been to the top of the mountai n...and it was good"

MBS AFTERNOON: Some Green For Christmas
Published: Fri, Dec 19 2008 1:34 PM by Matthew Graham (MBS Commentary)
Most of the stack is green now wih the 4.5 up 3 ticks on the day at 101-24, the 5.0 up a tick at 102-08 and the 5.5 unchanged at 102-21. Safe to float for the time being.
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