A results-oriented professional in Structured Finance world with strong analytical, management and leadership skills. A Fordham University alum with a Master's degree in Global Finance. BS in Public Administration at MSU.
A fixed-rate mortgage can offer more stability for your budget while an ARM could save you money on interest during the initial part of the repayment period.
A 15-year mortgage has higher monthly payments but will help you save on interest, while a 30-year mortgage will have higher overall interest but lower monthly payments.
But high rates and tight pricing in the capital markets are sparking liquidity woes and profit-margin challenges
USA Today: “Opting for a 30-year mortgage over a 15-year one makes sense when you prioritize flexibility in your monthly payments,” says Alexander Suslov, head of capital markets at A&D Mortgage.
Alexander Suslov, head of capital markets at A&D Mortgage LLC, said whole loans in the current mortgage market, on a weighted average, are selling in the range of 102 or 103 — with par being 100.
“When mortgage originators get 102 [for a whole-loan sale] and their cost to originate is around 102 as well, those who have less efficient production … they tend to [exit] the market, while those who can get as efficient as possible survive and thus acquire larger market share,” he said.