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August 14, 2007 at 5:44 AM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #74828
JWM in SD
ParticipantPrecisely DZone. No offense to the realtors here, but only fools and the uninformed are buying right now. Not only would a buyer lose the downpayment but also future income as well.
August 14, 2007 at 5:44 AM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #74946JWM in SD
ParticipantPrecisely DZone. No offense to the realtors here, but only fools and the uninformed are buying right now. Not only would a buyer lose the downpayment but also future income as well.
August 14, 2007 at 5:44 AM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #74952JWM in SD
ParticipantPrecisely DZone. No offense to the realtors here, but only fools and the uninformed are buying right now. Not only would a buyer lose the downpayment but also future income as well.
August 13, 2007 at 4:50 PM in reply to: Are selling brokers informing their clients about loan rates? #74674JWM in SD
Participant“I really cannot… I highly believe that real estate and financing should be 100% sperate. I think there is a huge conflict of interest and real estate brokers doing loans is as bad as mortgage brokers doing real estate.”
Understood. I suspected as much but I thought I would just ask anyway.
As far as Chris goes, I don’t agree. I have spent a lot time looking at the economic issues at hand as well as the systemic risk factors and to think this will die down is nieve at best. I wish it weren’t true because I would prefer to be able to continue to trade in the stock market but it isn’t. This will get worse before it gets any better…mark my words.
August 13, 2007 at 4:50 PM in reply to: Are selling brokers informing their clients about loan rates? #74790JWM in SD
Participant“I really cannot… I highly believe that real estate and financing should be 100% sperate. I think there is a huge conflict of interest and real estate brokers doing loans is as bad as mortgage brokers doing real estate.”
Understood. I suspected as much but I thought I would just ask anyway.
As far as Chris goes, I don’t agree. I have spent a lot time looking at the economic issues at hand as well as the systemic risk factors and to think this will die down is nieve at best. I wish it weren’t true because I would prefer to be able to continue to trade in the stock market but it isn’t. This will get worse before it gets any better…mark my words.
August 13, 2007 at 4:50 PM in reply to: Are selling brokers informing their clients about loan rates? #74797JWM in SD
Participant“I really cannot… I highly believe that real estate and financing should be 100% sperate. I think there is a huge conflict of interest and real estate brokers doing loans is as bad as mortgage brokers doing real estate.”
Understood. I suspected as much but I thought I would just ask anyway.
As far as Chris goes, I don’t agree. I have spent a lot time looking at the economic issues at hand as well as the systemic risk factors and to think this will die down is nieve at best. I wish it weren’t true because I would prefer to be able to continue to trade in the stock market but it isn’t. This will get worse before it gets any better…mark my words.
August 13, 2007 at 3:21 PM in reply to: Are selling brokers informing their clients about loan rates? #74584JWM in SD
ParticipantSD,
Can you keep us apprised of the interest rate that gets used here. Hype is claiming that rates on the jumbos have not in fact gone up to almost 8%. I suspect that it was that his deal was too close to the changes to show the effect.
August 13, 2007 at 3:21 PM in reply to: Are selling brokers informing their clients about loan rates? #74701JWM in SD
ParticipantSD,
Can you keep us apprised of the interest rate that gets used here. Hype is claiming that rates on the jumbos have not in fact gone up to almost 8%. I suspect that it was that his deal was too close to the changes to show the effect.
August 13, 2007 at 3:21 PM in reply to: Are selling brokers informing their clients about loan rates? #74707JWM in SD
ParticipantSD,
Can you keep us apprised of the interest rate that gets used here. Hype is claiming that rates on the jumbos have not in fact gone up to almost 8%. I suspect that it was that his deal was too close to the changes to show the effect.
August 13, 2007 at 2:54 PM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #74559JWM in SD
ParticipantIsn’t there a window of time where both the borrower and lender have to lock into a rate??? We don’t how long Hype has been in the process of buying a house and where exactly the rate was locked in at. Keep in mind, these changes just happened late last week and some over the weekend. So, I would be really suprised if the lender tried to force a higher rate at the last minute…somehow, I don’t think that would have been good for business. Of course, Hype neglects to give us more information and skews the issue.
August 13, 2007 at 2:54 PM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #74676JWM in SD
ParticipantIsn’t there a window of time where both the borrower and lender have to lock into a rate??? We don’t how long Hype has been in the process of buying a house and where exactly the rate was locked in at. Keep in mind, these changes just happened late last week and some over the weekend. So, I would be really suprised if the lender tried to force a higher rate at the last minute…somehow, I don’t think that would have been good for business. Of course, Hype neglects to give us more information and skews the issue.
August 13, 2007 at 2:54 PM in reply to: Oh my… Countrywide just set new rates (effective tomorrow)… #74682JWM in SD
ParticipantIsn’t there a window of time where both the borrower and lender have to lock into a rate??? We don’t how long Hype has been in the process of buying a house and where exactly the rate was locked in at. Keep in mind, these changes just happened late last week and some over the weekend. So, I would be really suprised if the lender tried to force a higher rate at the last minute…somehow, I don’t think that would have been good for business. Of course, Hype neglects to give us more information and skews the issue.
August 13, 2007 at 2:48 PM in reply to: Are selling brokers informing their clients about loan rates? #74556JWM in SD
Participant“He’s selling his 2006 Cayenne S. Anyone interested?”
Sure, is it 50% off bluebook 😉
August 13, 2007 at 2:48 PM in reply to: Are selling brokers informing their clients about loan rates? #74673JWM in SD
Participant“He’s selling his 2006 Cayenne S. Anyone interested?”
Sure, is it 50% off bluebook 😉
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