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HLS
ParticipantYou are right. It makes the decision so much easier.
YOU will pay a higher payment for 30 years than you should have. Every single one of your 360 payments will be for more than they should have been. That was an easy decision to make, because it was FREE!
I don’t deal with foolish gimmicks or encourage people to gamble with their financial security. There is NO SUCH THING as a free loan, or free closing costs. ARMS, Neg Am loans, etc sounded good to people because it was a “better deal”
In casinos it’s called a sucker’s bet. Things that suck people in that appear to be a deal, but end up costing a small fortune in the long run, representing huge profits to the house.
People with your mindset foolishly pay more money every single month but are happy because it was “FREE” or no risk.
Brainwashed bank employees will be happy to sign you up for this deal, they have been trained to think just like you do !!
I’ll assume that FSBO means that you don’t use RE agents either because it costs something.
FWIW most FSBO’s end up with less money in their pocket. Another “easy decision” because it was FREEEEEEEEEEEEEEEEEEE
ParticipantWAMU is a testament to what ??
ParticipantWAMU is a testament to what ??
ParticipantWAMU is a testament to what ??
ParticipantWAMU is a testament to what ??
ParticipantWAMU is a testament to what ??
ParticipantFloating a rate with anyone that you don’t trust 110% is crazy.
It’s an open door to getting screwed by banks or brokers, they profit by overcharging you. They usually have you at “float”
I’ll float a loan if someone really wants to, but I feel more comfortable having them lock a rate.
I don’t want surprises for them or me.Why submit your loan if you aren’t ready to lock ?
On days like the last two, the 10 YR bond is up 16%, mortgage rates are way up, BUT the media is talking about rates being down.
Hard to get folks to understand that rates went up while they floated when average people are talking about rates being down for the last 9 weeks…. HLS
ParticipantFloating a rate with anyone that you don’t trust 110% is crazy.
It’s an open door to getting screwed by banks or brokers, they profit by overcharging you. They usually have you at “float”
I’ll float a loan if someone really wants to, but I feel more comfortable having them lock a rate.
I don’t want surprises for them or me.Why submit your loan if you aren’t ready to lock ?
On days like the last two, the 10 YR bond is up 16%, mortgage rates are way up, BUT the media is talking about rates being down.
Hard to get folks to understand that rates went up while they floated when average people are talking about rates being down for the last 9 weeks…. HLS
ParticipantFloating a rate with anyone that you don’t trust 110% is crazy.
It’s an open door to getting screwed by banks or brokers, they profit by overcharging you. They usually have you at “float”
I’ll float a loan if someone really wants to, but I feel more comfortable having them lock a rate.
I don’t want surprises for them or me.Why submit your loan if you aren’t ready to lock ?
On days like the last two, the 10 YR bond is up 16%, mortgage rates are way up, BUT the media is talking about rates being down.
Hard to get folks to understand that rates went up while they floated when average people are talking about rates being down for the last 9 weeks…. HLS
ParticipantFloating a rate with anyone that you don’t trust 110% is crazy.
It’s an open door to getting screwed by banks or brokers, they profit by overcharging you. They usually have you at “float”
I’ll float a loan if someone really wants to, but I feel more comfortable having them lock a rate.
I don’t want surprises for them or me.Why submit your loan if you aren’t ready to lock ?
On days like the last two, the 10 YR bond is up 16%, mortgage rates are way up, BUT the media is talking about rates being down.
Hard to get folks to understand that rates went up while they floated when average people are talking about rates being down for the last 9 weeks…. HLS
ParticipantFloating a rate with anyone that you don’t trust 110% is crazy.
It’s an open door to getting screwed by banks or brokers, they profit by overcharging you. They usually have you at “float”
I’ll float a loan if someone really wants to, but I feel more comfortable having them lock a rate.
I don’t want surprises for them or me.Why submit your loan if you aren’t ready to lock ?
On days like the last two, the 10 YR bond is up 16%, mortgage rates are way up, BUT the media is talking about rates being down.
Hard to get folks to understand that rates went up while they floated when average people are talking about rates being down for the last 9 weeks…. HLS
ParticipantUrban, do you accept PAYPAL for royalty payments ??
ParticipantUrban, do you accept PAYPAL for royalty payments ??
ParticipantUrban, do you accept PAYPAL for royalty payments ??
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