[quote=murf2222][quote=HLS]
This week, the national average rates are about 5.50%… I have 5.00% rate that comes with a fee.
At 5.50% I could get a commission but it’s not in the borrower’s best interest if they plan on staying in the loan for a few years..
[/quote]

I’m a little confused HLS. Are you saying that the current rate is HIGHER than 5.50% if you don’t get a commission?[/quote]

I think he’s saying he gets a fee with both rates – but if he were to push a buyer into a 5.5% – he’d also get a commission… But, having worked with him, he doesn’t do that type of thing.