What is an IRD (Interest Rate Differential)?

The world of mortgages and real estate is filled with an excessive amount of acronyms.  If you were to overhear some of our conversations, you would swear we were speaking a different language – LTV and PMI this, and IRD and ARM that, API, BPS, and it goes on and on.  While most people don’t… Continue reading What is an IRD (Interest Rate Differential)?