Posted To: Pipeline Press"Rob, whats going to happen to all those agency MBS owned by the Fed? If rates start to go up, and their prices drop, what will that do to the Feds balance sheet - wont it be in their best interest to never have their price go down in value?" Good question, since their purchases are holding home loan rates artificially low ... but some pretty smart folks are giving it lots of thought . Until then, LOs and lenders are enjoying the rate environment - if the Fed were to stop suddenly, plenty of experts think conforming rates would approach or move past current jumbo rates. Speaking of which, Synergy 1 Lending is seeking a well-qualified Retail National Sales Manager. Synergy 1 Lending is headquartered in San Diego, California and runs a centralized fulfillment center out of its corporate headquarters...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
http://www.mortgagenewsdaily.com/channels/pipelinepress/02082013-jobs-rescission-period.aspx| Call Bonnie Kelly for all your real estate needs: 505-350-8672 @
uwad.com
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