10 Year Treasury is at 2003 levels - Time to Refi?

Source: BaltimoreSun.com
If you can refinance and you can find a flat fee mortgage then you may want to strongly consider the refinance option.
Refinancing needs
With mortgage rates falling, many consumers are considering refinancing their loans. But the requirements are different in this post-credit crunch. Some things you’ll need:
• Good credit, with a minimum score in […]

Filed under: Flat Fee Mortgage, Mortgage Rates, Sub-prime Meltdown | Comments Off

Flat Fee Mortgage - can it rescue the Mortgage Broker Industry?

How to Clean Up the Mortgage Broker Mess:
There are a 2 simple yet powerful changes that need to take place for Mortgage Brokers to stay relevant as Congress seeks to take action against the mortgage broker industry.
Flat Fee Mortgage Compensation Model
Loan Contract
1. Flat Fee Mortgage -removing the agency problem in the mortgage business
I […]

Filed under: Flat Fee Mortgage, Mortgage Contract, Mortgage Marketing | Comments Off