Aug. 29: Sales manager job; Loan calculator and verification tools; Event calendar; Insurance costs; Mortgage Banking Bound interview
“The hardness of the butter is proportional to the softness of the bread.” Proportionality is important, whether in a restaurant or in a lender watching adjustable-rate loans (where the market favors credit unions and banks). With short-term rates dropping relative to long-term rates, the adjustable-rate mortgage market share has increased. Lenders that I have spoken…