Is Your Company Ready For QM?

Is your company ready for Qualified Mortgage (QM)? “A ComplianceEase audit of lending data from over 400 banks confirms that more than one in five loans originated today are not in compliance with the current qualified mortgage definition.” Read Full Article Here Mason-McDuffie Mortgage is ready for QM (Qualified Mortgage) and ATR (Ability to Repay),... Continue Reading →

Interest Rate Charts from Mason-McDuffie Mortgage

In this market it helps to look back at the history of interest rates. We hope you find the information helpful. Click Here for the 30 Year FHLMC Rates On 30-Year Fixed-Rate Mortgage Chart Click Here for the 200 Year Historical Rates On 30-Year Fixed-Rate Mortgage Chart Click Here for the 20 Year FHA Interest... Continue Reading →

MBA: Stevens Calls for End to Government Shutdown

Washington, D.C. (October 3, 2013) – David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today issued the following statement in reaction to the government shutdown and its affect on the housing market. “The federal government shutdown will have a growing impact on the housing market the longer it continues. If this... Continue Reading →

The Impact of the Government Shutdown on the Mortgage Process

Though the media and both political parties would like you to believe that there will be no immediate impact on American businesses, that isn’t exactly true for the Mortgage industry. Here at Mason-McDuffie Mortgage we want to make sure that everyone understand exactly what the impact will be if you are currently in process for... Continue Reading →

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