Nov 27, 2012 4:46PM
MBS have been grinding higher in a tight range all morning with several lenders now having repriced positively. The friendly price action in Fannie 3.0s looks like it should have motivated even more reprice activity, but we'd note that many lenders didn
Nov 27, 2012 4:15PM
Homeowners appear to be less than savvy shoppers when it comes to finding a mortgage to purchase or refinance their homes. A new study from Fannie Mae suggests that consumers could save money and find a more financially sustainable mortgage if they shopped more effectively. Further, the study showed that higher income consumers were more likely to do more research and approach the search for a mortgage more efficiently. For example, lower income survey respondents were more likely than those with...