Lenders Reprice for the Better. Mortgage Rates Level on the Day (source: Mortgage News)
Posted on March 2, 2010 by
business / markets real estate news stories aggregated by FeedZilla.com
Posted To: Mortgage Rate WatchNot much to recap from yesterday. Mortgage backed securities prices rallied during the first part of the day before giving back all gains after lunch. Lenders left rate sheets unchanged on the day with par still holding near t… (source: Mortgage News) – RSS news feeds and Widgets on Feedzilla.com
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Every person's convictions of the particular nature of all things 'real' (i.e. - reality) is entirely based on their previous experiences, combined with various information picked up along the way, either purposefully or not.
The delicate factor in the matter is the undeniable influence which the medium carrying such information has upon the way the information is presented and thus interpreted by us later.
Whether the medium is your local Tv station, or your best friend, when representing a particular event or concept (another way of saying 'deliver information') they do son within the limits of their own experiences and the information they've received...
The point of this rant being: keep in mind the true nature of any information and even better -- apply the metrics for information quality
Metrics for the Quality of Information
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