The $9,800 Origination Fee
Not all loan costs appear in the interest rate. Some appear elsewhere on the Loan Estimate. A borrower recently sent a Loan Estimate for a $620,000 purchase loan that appeared…
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FIELD NOTES
When Two Identical Borrowers Receive Different Rates
Mortgage pricing can vary dramatically even when borrowers appear identical on paper. A recent case illustrates how this happens. Two borrowers contacted BANKIRR within days of each other. Both were…
The Half-Point Hidden in Plain Sight
Bonds dictate mortgage rates and bonds experienced a bit of volatility this morning in response to the Supreme Court ruling on tariffs.