Higher Rates

[Numbers]

I'm being quoted higher rates on my Mortgage Broker Bond renewal policies for 08' Is this a standard increase by most or all sureties?

[Surety Queen]

I'm being quoted higher rates on my Mortgage Broker Bond renewal policies for 08' Is this a standard increase by most or all sureties?

That's a hard question to answer without knowing the specifics. There could be a number of reasons why your renewal premium would be higher. If your credit has declined, or if Surety has changed their writing criteria for your state. It would be best for you to be in touch with your bond representative to look specifically at your renewal to see what changed.