Massive joblessness and overly-inviting wording in the CARES Act with respect to forbearances is creating the biggest surge in mortgage non-payment ever seen. Mortgage investors have quickly reevaluated what they’re willing to pay for certain scenarios. The greater the number of forbearance risk factors, the higher you can expect the rate to be, EVEN IF you personally don’t agree that the risk factor applies in your case.
Source: Kevin Litwicki MBSLIVE
The Truth About Skipping Mortgage Payments (And The Consequences)

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