Carl Rizzuto's (crizzuto) Blog

Loan Costs Increasing April 1, 2011   Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs. Loan-level pricing adjustments are mandatory closing costs. They're assigned by Fannie Mae and Freddie Mac, and based on a ...

The Fed Minutes Keep Mortgage Rates On Hold (For Now)   The Federal Reserve released its December 14 meeting minutes Tuesday afternoon. There wasn't much there to disturb mortgage markets, thankfully. The "Fed Minutes" is an official recap of the most recent meeting of the Federal Open Market Com...