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MBS are up +5/32 (FNMA 30-yr 3.5 at 102.03), around 8/32 lower than yesterday at this time. Unfavorable repricing took place yesterday. Global bond yields are lower this morning after a report stating that anonymous European Central Bank officials feel that investors are too hawkish in their exp... [ read more... ]
Good Morning, Our new rate sheets are here! Some of the highlights include: Separated pricing for FHA/VA Combining the regular and portfolio programs, that means better pricing! Added USDA, Homeready and a separate page for DU refi plus. We will now accept 30 day rate lock extensions... [ read more... ]
Christmas / New Year’s In conjunction with the early closure of the bond market Friday, December 23rd and Friday, December 30th, the lock desk will be accepting new locks on an abbreviated schedule concluding at 12:00pm (noon) PST. In addition, we will be closed on Monday, December 26th and Monda... [ read more... ]