Wholesale mortgage prices uncover true costs

(This is Part 1 of a two-part series. Read Part 2, "Amerisave helps borrowers find loan's retail markup.")

Wholesale mortgage prices are those quoted by wholesale lenders to their clients -- mortgage brokers and smaller ("correspondent") lenders. (I will use the word "client" to cover both.) Clients mark up these prices to offer retail prices to borrowers.

Wholesale price data have never been available to the general public.

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