Here’s how TRID is changing the mortgage industry

Here’s how TRID is changing the mortgage industry

Up and down the pipeline things are changing

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Plus why private investors don’t want to buy mortgages, TRID and more

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MBA notes impact of cutting MIPs
Real Estate / The Ticker

Rates rising too quickly could hurt housing recovery

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In the short term, the jump in interest rates is spurring home buyers in the Washington region and other hot markets to action, adding to the already frenzied competition to get a home, writes the Washington Post.

But a sustained rise would hurt a fragile housing recovery, which has climbed out of the depths of its crash with the help of record-low rates, economists said.

"The biggest threat to the recovery is that rates rise too fast," said Mark Zandi, chief economist at Moody’s Analytics.

Source: Washington Post
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