AN….
Not a problem,, I don’t have any kind of exclusive around here… AIM may have better rates than I do at times,, I have checked on occasion and found their buydowns to be outrageously high, but a fee that appears low. It just isn’t so cheap in the end.I have no idea about their service.
You are correct in your post about the 5.50%..
What has been interesting lately is that some “wholesale” lenders have had really high rates lately while others are MUCH lower, over .50% less in rate..
It is amazing to me that these higher priced lenders seem to be getting plenty of business.
I checked one scenario today that was 5.375%-5.50% with several lenders, but I was able to get my borrower 4.875%… I feel sorry for those that are getting locked with the higher lenders today.
I am at 4.875% with 1 pt at the moment.
I’m surprised Rayb didn’t post on this,, he has been tracking some average weekly rate info that has been helpful, but I believe different than the original post.. HLS
