Loan-level price adjustments and how they affect home-buyers; St Louis Mortgage Interest Rate Update

“Ballparking” mortgage rates just is not the same anymore. Home buyers who obtain online quotes from popular websites are receiving nothing more than a starting point for what their final mortgage rate will be.  This is due to a government-led pricing scheme called loan-level pricing adjustments or LLPAs.Continue reading “Loan-level price adjustments and how they affect home-buyers; St Louis Mortgage Interest Rate Update