Archive for the ‘Mortgage loans’ Category

Colorado mortgage loans: What is a yield spread?

Monday, October 15th, 2007

There is a little known addition that many unethical loan originators add to mortgage rates that can end up costing the homeowner many thousands of dollars. This little gimmick is called a “yield spread premium” and knowing how it works can save the homeowner from spending a great deal of money unnecessarily on their newly [...]