Correspondent, MLO Jobs; Digital, Trailing Doc; FHA's Foreclosure and Eviction Moratorium Extension Dec 22 2020, 8:28AM I hope that everyone had a happy solstice yesterday, with a few folks writing to suggest that “It is the shortest day, of the longest year, of our lives.” Given my background in capital markets I am regularly asked how some lenders offer lower rates than others. Freddie Mac’s survey has continues to point to mortgage rates dropping, even when “rates” aren’t doing much. The answer is simultaneously simple and complicated (borrowers can pay plenty of points to buy it down, or the lender calculate the value of servicing differently), and one of my commentaries from earlier this year spells it out well. I encourage you to skim through the “How are Mortgages Priced” section, or pass it along to any MLO pointing at some of the headline-grabbing rates in the market (like 1.99 percent for a 30-year fixed!?!). Mortgage pricing, or life, things aren’t always what they seem. For example, Jimmy Buffett doesn’t live the Jimmy Buffett lifestyle(perhaps preferring Manhattan). Samuel Adams Boston Lager, thought to be a tiny craft brew, is owned by The Boston Beer Company. True, it sprang from a family recipe and moved into the kitchen, but now over two million bottles are sold each year, and The Boston Beer Company brews more than 60 styles of beer.