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The best mortgage rates possible
Karin Hoehn
, independent mortgage advisor "we work for you, not the banks". www.mybcmortgage.com
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While lenders, in effect, set their own mortgage rates, how those rates are set is driven largely by the then current prices of Mortgage Backed Securities. MBS are actually pools, or groups, of mortgages packaged into securities for ... |
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THE federal Government is being urged to replicate a Canadian scheme to guarantee mortgage-backed securities, that its proponents say will ease the liquidity logjam and cut home mortgage rates. |
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