Tag Archives: lenders
Low rates, but not for you?
You’ve shopped around and finally zeroed in on a low mortgage rate. Your credit is stellar and you’re ready to pull the trigger. Trouble is, the lender has no incentive to give you the advertised lowest rate and offers a rate a full percentage point hi… Continue reading
Loan brokers’ pay targeted
New federal regulations, effective April 1, will impose some major changes in how lenders compensate mortgage brokers for their services in the loan origination process.
Here’s a summary:
Lenders won’t be allowed to pay any direct or indirect compensa… Continue reading
