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Variable rates get their sexy back

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Mortgage Broker News | 02 Oct 2012, 10:08 AM Agree 0
Reports of the demise of variable rates appear to have been greatly exaggerated.
  • Christopher Molder | 03 Oct 2012, 03:43 AM Agree 0
    I'd love to see VRMs be priced back in the market again. It's hard to justify a variable right now given there isn't much of an advantage to taking a variable over fixed. But I think if we start approaching P-.50 it will be hard for borrowers not to justify a variable.
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