And it's a volatile one. But it's ok if you invest wisely and usually I am not bothered too much by the market.Like today, I care only about the bonds, which affectsthe rates.
I talked to one loan orignator last week, and he told me that he got more business when the rates was low.That's good for him. For me, I always have these kindof vilumes for a long time. When the rates were low,I also had lots of inquries, but sometimes, it was over my capacity and I turned.
But when the rates were a little bit higher, I startedaccepted the loan applications and "wait" for better rates.I hop I can lock the rates my clients like to have in the next a few days.
As for the investment, one professional told me to hold cash and wait for better opportunity. Is not "Not investing" is a good investing strategy?
Eric Fang Mortgage Blog
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