HVCC APPRAISAL GUIDLINES NOT AFFECTING US !

ARE THE NEW HVCC APPRAISAL KILLING YOUR DEALS IN SARASOTA?
I AM NOT LOSING DEALS BECAUSE OF HVCC. I HAVE PORTFOLIO LENDERS WHO DO NOT REQUIRE HVCC.
BUSINESS AS NORMAL FOR ME. I ORDER THE APPRAISAL THROUGH MY APPRAISER RELATIONSHIP THAT WAS FORMED FIVE YEARS AGO.
ITS THAT SIMPLE !
http://www.coremortgagefinancial.com/

RATE TRENDS FOR 2009

CLICK ON GRAPH TO SEE FULL IMAGE

RATE TRENDS ARE GOING UP TODAY ! CORE MORTGAGE FINANCIAL JULY 15, 2009

The bond market is currently down 16/32, this usually pushes rates up today.

Inflation HURTS the value of a bond's future fixed interest payments, in turn investors do not find these as attractive. Usually if bond prices fall, mortgage rates rise.

The average rate today is 5.25% with a loan origination fee of .70%.
I am quoting 5.125% with NO origination

WWW.COREMORTGAGEFINANCIAL.COM