Posts discussing Ferris Bueller

Mortgage rates and markets change constantly. Stay 100% current by taking The Mortgage Reports by email each day. Click here to get free email alerts, or subscribe to the RSS feed in your browser.

01Jun2011
Author
Dan Green
Filed Under
Mortgage Rates
Rate Shoppers : Mortgage Rate Velocity Picks Up In May 2011 Thumbnail

Rate Shoppers : Mortgage Rate Velocity Picks Up In May 2011

Paraphrasing Ferris Bueller, mortgage rates move fast. If you don't stop and look around once in a while, you might miss them. Mortgage rates changed every 4 hours, 12 minutes in May 2011.

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29Sep2009
Author
Dan Green
Filed Under
Conforming Mortgages
Fannie Mae To Get Tougher On Mortgage Insurance, Income Levels and Credit Scores Thumbnail

Fannie Mae To Get Tougher On Mortgage Insurance, Income Levels and Credit Scores

For the second time in 10 weeks, Fannie Mae is toughening its mortgage guidelines again. Again. According to an internal Fannie Mae document, a review of the group's current "risk appetite, eligibility requirements, mortgage insurance options, and pricing" spawned changes spanning credit scoring, income requirements, loan-level pricing adjustments.

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28Aug2009
Author
Dan Green
Filed Under
Real Estate Sales
The “Smoking Gun” That Says The Buyers’ Market Is Over In Housing Thumbnail

The “Smoking Gun” That Says The Buyers’ Market Is Over In Housing

In housing, the basic law of Supply and Demand bestowed upon buyers an unbelievable amount of negotiation leverage. Want a lower sales price? Just ask for it. Need your closing costs paid for? Write it into your offer letter. Want a quick closing? Sure, whatever you need. But the Buyer Heyday may be over. At least, that's what recent data suggests.

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08Jun2009
Author
Dan Green
Filed Under
Mortgage Rates
Mortgage Rate Shopping Strategies For When Mortgage Rates Are Volatile Thumbnail

Mortgage Rate Shopping Strategies For When Mortgage Rates Are Volatile

You likely know this already but mortgage rates have soared since Memorial Day. Soared. Strangely, it's the most improbable turn of events that everybody and their mother saw coming. The root of the rise rests in inflation. As in, the fear of. And this run on rates had been predicted as far back as December 16, 2008 when the Federal Reserve first dropped the Fed Funds Rate to near 0 percent.

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