June 12: Mortgage jobs; Fannie’s premium recapture policy; margin vs. volume formula & chatter; how is the MBA app number derived?
Rates are still pretty low, and higher rates mean our economy’s doing better, right? Let’s compare them to, say, Mongolia. Business Week reports that “Mongolia’s central bank plans to cut interest rates on mortgages by almost half to 8 percent from around 15 percent this month, following a new policy approved by the government to…