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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 3.99%
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  • 15 Yr FRM 3.16%
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  • Jumbo 30 Year Fixed 3.91%
MBS Prices:
  • 30YR FNMA 4.5 108-11 (0-04)
  • |
  • 30YR FNMA 5.0 110-22 (0-03)
  • |
  • 30YR FNMA 5.5 111-22 (0-02)
Recent Housing Data:
  • Mortgage Apps 11.56%
  • |
  • Refinance Index 23.29%
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  • FHFA Home Price Index 0.67%