Mortgage Rates

[Raybyrnes]

HLS

That article is from the Wall street Journal. There is nothing misleading about it. It says the average rates. If you are a 20% down 720+ person you can expect to do better. If not you may do worse.

I wouldn’t go around throwing every article out there under the water. You begin to lose credibility at that point. JMTC

[HLS]

RAY,,

Any newspaper article that quotes averages or medians is only good for crumbling up to start a fire, even if it’s from the WSJ.

I don’t care what the average price of milk or gas is, I care about what it’s going to cost ME.
Same thing for mortgage rates.

Misleading information for the masses. Even you proved that you don’t know that it takes a 740+ score to get the best rate with 20% down. (720 costs more) and you are a savvy guy.

Ask 9 other people what mortgage rates are and they will be further off than you were.

Quoting median/average house prices OR mortgage rates is completly useless information, yet as you have proved, it’s repeated like it actually means something. Even from the WSJ.

I wont insult you wanting to compare my credibility to an article quoting averages. JMTC.

HLS

[HLS]

RAY,,

Any newspaper article that quotes averages or medians is only good for crumbling up to start a fire, even if it’s from the WSJ.

I don’t care what the average price of milk or gas is, I care about what it’s going to cost ME.
Same thing for mortgage rates.

Misleading information for the masses. Even you proved that you don’t know that it takes a 740+ score to get the best rate with 20% down. (720 costs more) and you are a savvy guy.

Ask 9 other people what mortgage rates are and they will be further off than you were.

Quoting median/average house prices OR mortgage rates is completly useless information, yet as you have proved, it’s repeated like it actually means something. Even from the WSJ.

I wont insult you wanting to compare my credibility to an article quoting averages. JMTC.

HLS

[HLS]

RAY,,

Any newspaper article that quotes averages or medians is only good for crumbling up to start a fire, even if it’s from the WSJ.

I don’t care what the average price of milk or gas is, I care about what it’s going to cost ME.
Same thing for mortgage rates.

Misleading information for the masses. Even you proved that you don’t know that it takes a 740+ score to get the best rate with 20% down. (720 costs more) and you are a savvy guy.

Ask 9 other people what mortgage rates are and they will be further off than you were.

Quoting median/average house prices OR mortgage rates is completly useless information, yet as you have proved, it’s repeated like it actually means something. Even from the WSJ.

I wont insult you wanting to compare my credibility to an article quoting averages. JMTC.

HLS

[HLS]

RAY,,

Any newspaper article that quotes averages or medians is only good for crumbling up to start a fire, even if it’s from the WSJ.

I don’t care what the average price of milk or gas is, I care about what it’s going to cost ME.
Same thing for mortgage rates.

Misleading information for the masses. Even you proved that you don’t know that it takes a 740+ score to get the best rate with 20% down. (720 costs more) and you are a savvy guy.

Ask 9 other people what mortgage rates are and they will be further off than you were.

Quoting median/average house prices OR mortgage rates is completly useless information, yet as you have proved, it’s repeated like it actually means something. Even from the WSJ.

I wont insult you wanting to compare my credibility to an article quoting averages. JMTC.

HLS

[HLS]

RAY,,

Any newspaper article that quotes averages or medians is only good for crumbling up to start a fire, even if it’s from the WSJ.

I don’t care what the average price of milk or gas is, I care about what it’s going to cost ME.
Same thing for mortgage rates.

Misleading information for the masses. Even you proved that you don’t know that it takes a 740+ score to get the best rate with 20% down. (720 costs more) and you are a savvy guy.

Ask 9 other people what mortgage rates are and they will be further off than you were.

Quoting median/average house prices OR mortgage rates is completly useless information, yet as you have proved, it’s repeated like it actually means something. Even from the WSJ.

I wont insult you wanting to compare my credibility to an article quoting averages. JMTC.

HLS

[Raybyrnes]

Standard Deviations still have to begin with some point. We need to accept some sort of starting point for a conversation Even your example of a 740 credit score could be questioned. Is that Experian, Equifax, or Transunion or are you using a merged credit score? Do you need to qualify that statement?

[Raybyrnes]

Standard Deviations still have to begin with some point. We need to accept some sort of starting point for a conversation Even your example of a 740 credit score could be questioned. Is that Experian, Equifax, or Transunion or are you using a merged credit score? Do you need to qualify that statement?

[Raybyrnes]

Standard Deviations still have to begin with some point. We need to accept some sort of starting point for a conversation Even your example of a 740 credit score could be questioned. Is that Experian, Equifax, or Transunion or are you using a merged credit score? Do you need to qualify that statement?

[Raybyrnes]

Standard Deviations still have to begin with some point. We need to accept some sort of starting point for a conversation Even your example of a 740 credit score could be questioned. Is that Experian, Equifax, or Transunion or are you using a merged credit score? Do you need to qualify that statement?

[Raybyrnes]

Standard Deviations still have to begin with some point. We need to accept some sort of starting point for a conversation Even your example of a 740 credit score could be questioned. Is that Experian, Equifax, or Transunion or are you using a merged credit score? Do you need to qualify that statement?

[HLS]

Ray,

Standard guidelines that FNMA uses..
Middle score of the 3 bureaus.

The highest and lowest scores do not matter.

These are MORTGAGE score pulls, not what a consumer score pulls by paying for their score on the internet, falling for more misleading propaganda that was probably printed in the WSJ.

I have access to 3 different scores from one of the credit bureaus, as well as scores from the other 2 bureaus. I can assure you that most others dont have this access.

It can make a difference of tens of thousands of dollars over the life of a loan.

From the bureau that allows me 3 different scores, I have seen spreads of 50 points. I can choose the highest of the 3 for that bureau, allowing me to get someone the best rate possible forn their situation.

These are FNMA actual guidelines, not average guidelines. ,HLS

[HLS]

Ray,

Standard guidelines that FNMA uses..
Middle score of the 3 bureaus.

The highest and lowest scores do not matter.

These are MORTGAGE score pulls, not what a consumer score pulls by paying for their score on the internet, falling for more misleading propaganda that was probably printed in the WSJ.

I have access to 3 different scores from one of the credit bureaus, as well as scores from the other 2 bureaus. I can assure you that most others dont have this access.

It can make a difference of tens of thousands of dollars over the life of a loan.

From the bureau that allows me 3 different scores, I have seen spreads of 50 points. I can choose the highest of the 3 for that bureau, allowing me to get someone the best rate possible forn their situation.

These are FNMA actual guidelines, not average guidelines. ,HLS

[HLS]

Ray,

Standard guidelines that FNMA uses..
Middle score of the 3 bureaus.

The highest and lowest scores do not matter.

These are MORTGAGE score pulls, not what a consumer score pulls by paying for their score on the internet, falling for more misleading propaganda that was probably printed in the WSJ.

I have access to 3 different scores from one of the credit bureaus, as well as scores from the other 2 bureaus. I can assure you that most others dont have this access.

It can make a difference of tens of thousands of dollars over the life of a loan.

From the bureau that allows me 3 different scores, I have seen spreads of 50 points. I can choose the highest of the 3 for that bureau, allowing me to get someone the best rate possible forn their situation.

These are FNMA actual guidelines, not average guidelines. ,HLS

[HLS]

Ray,

Standard guidelines that FNMA uses..
Middle score of the 3 bureaus.

The highest and lowest scores do not matter.

These are MORTGAGE score pulls, not what a consumer score pulls by paying for their score on the internet, falling for more misleading propaganda that was probably printed in the WSJ.

I have access to 3 different scores from one of the credit bureaus, as well as scores from the other 2 bureaus. I can assure you that most others dont have this access.

It can make a difference of tens of thousands of dollars over the life of a loan.

From the bureau that allows me 3 different scores, I have seen spreads of 50 points. I can choose the highest of the 3 for that bureau, allowing me to get someone the best rate possible forn their situation.

These are FNMA actual guidelines, not average guidelines. ,HLS

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