Fellow Certified Mortgage Planning Specialist, Dan Green, has created a very easy to understand explanation of what has happened in the mortgage industry. I highly encourage you to watch this short video presentation showing a history from 2000 to our present condition and how this situation impacts all of us, including "prime" borrowers.
The Mortgage Reports, is written in a very easy to understand style and packed with great informative content. This is one of my must reads that I’m subscribed to…if you want to understand more about mortgages, perhaps you should too (and don’t forget to subscribe The Mortgage Porter in the upper right corner of this site)!
Friday’s rates will follow later this afternoon.