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Mortgage Refinancing, Yield Spread Premium, and Paying Double for Your Mortgage
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By Louie Latour

If you are in the market for a mortgage, or are refinancing your existing loan, there is term you need to familiarize yourself with before choosing a lender. The term is Yield Spread Premium and is a fancy way of charging you double for your mortgage loan. Here are the basics of how Yield Spread Premium works and how you can avoid overpaying for your next mortgage loan.

The retail mortgage market in the United States has a dirty little secret. You have been overcharged for every mortgage loan you


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This entry was posted on Tuesday, November 14th, 2006 at 3:19 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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