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Subprime Mortgages: 50 Shades of Risk
Posted to: Around The Web
Monday, February 24, 2014 4:13 AM

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Subprime mortgages continue to be the riskiest type of mortgage you can get — and yet things are looking better for both subprime borrowers and subprime lenders. How can that be? Subprime mortgages are a form of financing designed for those with impaired credit. That’s a polite term for individuals who have low credit scores, […] The post Subprime Mortgages: 50 Shades of Risk appeared first on OurBroker .


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Mortgage Rates:
  • 30 Yr FRM 4.38%
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  • 15 Yr FRM 3.42%
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  • Jumbo 30 Year Fixed 4.15%
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  • 30YR FNMA 5.0 109-04 (-0-04)
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  • 30YR FNMA 5.5 110-11 (-0-03)
Recent Housing Data:
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  • Refinance Index 6.92%
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  • FHFA Home Price Index 0.67%