Forum Replies Created
-
AuthorPosts
-
HLS
ParticipantSD..
I believe that S-R is a therapist dealing with counseling people with major stress in their lives. I don’t think they are asking about their personal situation, but possibly for patients.Anything can happen, but I don’t think that most employers will run a credit check OR if they do, let someone go due to FC.
It’s not a felony or even a misdemeanor, it’s not even a crime.
Businesses walk away from bad deals all the time. It shouldn’t be a shame when an individual does the same thing.
For people who see the light, I commend them.For an employer, it could be looked at as a wise decision (which is good)rather than an emotional one (which is bad).
Some people CAN afford a house, just not one that has a loan that is 8x their gross income.
ParticipantThere were recent days with 15+ point swings on the same day.
You are looking at uncertainty and fear.A 30 YR fixed rate locked 7 days apart this week vs last week has a HUGE difference in interest over the life of the loan.
ParticipantThere were recent days with 15+ point swings on the same day.
You are looking at uncertainty and fear.A 30 YR fixed rate locked 7 days apart this week vs last week has a HUGE difference in interest over the life of the loan.
ParticipantThere were recent days with 15+ point swings on the same day.
You are looking at uncertainty and fear.A 30 YR fixed rate locked 7 days apart this week vs last week has a HUGE difference in interest over the life of the loan.
ParticipantThere were recent days with 15+ point swings on the same day.
You are looking at uncertainty and fear.A 30 YR fixed rate locked 7 days apart this week vs last week has a HUGE difference in interest over the life of the loan.
ParticipantThere were recent days with 15+ point swings on the same day.
You are looking at uncertainty and fear.A 30 YR fixed rate locked 7 days apart this week vs last week has a HUGE difference in interest over the life of the loan.
ParticipantRADE,
I think that you mean 20 bps….30 year fixed rates (Conforming) were 5.50% at par about 10 days ago, they are at 6% today.
For those of you that think a FED rate cut lowers long term fixed rates it doesn’t.
ParticipantRADE,
I think that you mean 20 bps….30 year fixed rates (Conforming) were 5.50% at par about 10 days ago, they are at 6% today.
For those of you that think a FED rate cut lowers long term fixed rates it doesn’t.
ParticipantRADE,
I think that you mean 20 bps….30 year fixed rates (Conforming) were 5.50% at par about 10 days ago, they are at 6% today.
For those of you that think a FED rate cut lowers long term fixed rates it doesn’t.
ParticipantRADE,
I think that you mean 20 bps….30 year fixed rates (Conforming) were 5.50% at par about 10 days ago, they are at 6% today.
For those of you that think a FED rate cut lowers long term fixed rates it doesn’t.
ParticipantRADE,
I think that you mean 20 bps….30 year fixed rates (Conforming) were 5.50% at par about 10 days ago, they are at 6% today.
For those of you that think a FED rate cut lowers long term fixed rates it doesn’t.
ParticipantThere are still stated income/stated asset programs available for borrowers with credit scores above 680.
Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.
The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.
Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.
ParticipantThere are still stated income/stated asset programs available for borrowers with credit scores above 680.
Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.
The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.
Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.
ParticipantThere are still stated income/stated asset programs available for borrowers with credit scores above 680.
Some purchase loans still go as high as 95% to 100%, and rates aren’t that crazy.
The “system” depends on lending. The fact is that most people make their loan payments. A certain % of defaults are expected.
Having a down payment and a crappy credit score isn’t going to work at any reasonable rate. You must have a decent score to start with, and then options open up to you, esp when self employed.
-
AuthorPosts
