21Apr2010
Dan Green
Author
Dan Green
Filed Under
Mortgage Video

Jumbo Mortgages Are Cheap, Appraisal Are “At Value”, And MRV Remains High

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Mortgage Market Update For April 21 2010

With 9 days left to claim the federal home buyer tax credit, I thought this would be a good time to review the mortgage market, jumbo loans, and the state of home appraisals.

This 2-minute video covers a lot of ground:

  • How volcanoes and threats of a Greece debt default are helping mortgage rates
  • Peak levels for Mortgage Rate Velocity (MRV)
  • How jumbo mortgage rates are "made" and why jumbos are so cheap right now
  • The return of the home appraisal

If you've got mortgage-related questions I didn't answer above, email them to me directly at. I'm happy to talk mortgage with you anytime.

Dan Green
Author
Dan Green

About the Author

Dan Green (NMLS #227607) is an active loan officer with Waterstone Mortgage. Email Dan ator call 513-443-2020.

Bonus: Click to get a free, no-obligation rate quote. I love to work with my readers!