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December 6, 2007 at 11:12 PM in reply to: Just bought a new house, questions on finance and home inspection #111269
JWM in SD
ParticipantLooks like I’ve been remiss about keeping posters in line 😉
As you may recall, my wife was pregnant and due in December. Well, he came a little early: 11/27/07. So I’ve been a little preoccupied lately…and lacking some sleep.
Not to mention I’m on a job search as well.
Still lurking though.
ParticipantLooks like I’ve been remiss about keeping posters in line 😉
As you may recall, my wife was pregnant and due in December. Well, he came a little early: 11/27/07. So I’ve been a little preoccupied lately…and lacking some sleep.
Not to mention I’m on a job search as well.
Still lurking though.
ParticipantLooks like I’ve been remiss about keeping posters in line 😉
As you may recall, my wife was pregnant and due in December. Well, he came a little early: 11/27/07. So I’ve been a little preoccupied lately…and lacking some sleep.
Not to mention I’m on a job search as well.
Still lurking though.
ParticipantLooks like I’ve been remiss about keeping posters in line 😉
As you may recall, my wife was pregnant and due in December. Well, he came a little early: 11/27/07. So I’ve been a little preoccupied lately…and lacking some sleep.
Not to mention I’m on a job search as well.
Still lurking though.
ParticipantLooks like I’ve been remiss about keeping posters in line 😉
As you may recall, my wife was pregnant and due in December. Well, he came a little early: 11/27/07. So I’ve been a little preoccupied lately…and lacking some sleep.
Not to mention I’m on a job search as well.
Still lurking though.
November 30, 2007 at 12:23 PM in reply to: Someone please explain this rate lock thing to me!!! #105596Participant“How can Countrywide lower that rate on a security they no longer even own? Who is making up the difference?”
What’s that old saying? If you don’t know who the mark in the room is, then it is probably you…….
November 30, 2007 at 12:23 PM in reply to: Someone please explain this rate lock thing to me!!! #105686Participant“How can Countrywide lower that rate on a security they no longer even own? Who is making up the difference?”
What’s that old saying? If you don’t know who the mark in the room is, then it is probably you…….
November 30, 2007 at 12:23 PM in reply to: Someone please explain this rate lock thing to me!!! #105720Participant“How can Countrywide lower that rate on a security they no longer even own? Who is making up the difference?”
What’s that old saying? If you don’t know who the mark in the room is, then it is probably you…….
November 30, 2007 at 12:23 PM in reply to: Someone please explain this rate lock thing to me!!! #105727Participant“How can Countrywide lower that rate on a security they no longer even own? Who is making up the difference?”
What’s that old saying? If you don’t know who the mark in the room is, then it is probably you…….
November 30, 2007 at 12:23 PM in reply to: Someone please explain this rate lock thing to me!!! #105746Participant“How can Countrywide lower that rate on a security they no longer even own? Who is making up the difference?”
What’s that old saying? If you don’t know who the mark in the room is, then it is probably you…….
Participant“True. But LIBOR rates tend to correlate with the FED funds rate. Currently the 1-year LIBOR is about 0.9% less than a year ago. Most of the drop has been since the FED dropped rates.”
But you are ignoring the spread between the Fed Funds Rate and the Libor rate. It is not headed in a favorable direction.
Second, how does the interest rate help an FB if their LTV has passed certain thresholds already? Especially given current lending standards.
Participant“True. But LIBOR rates tend to correlate with the FED funds rate. Currently the 1-year LIBOR is about 0.9% less than a year ago. Most of the drop has been since the FED dropped rates.”
But you are ignoring the spread between the Fed Funds Rate and the Libor rate. It is not headed in a favorable direction.
Second, how does the interest rate help an FB if their LTV has passed certain thresholds already? Especially given current lending standards.
Participant“True. But LIBOR rates tend to correlate with the FED funds rate. Currently the 1-year LIBOR is about 0.9% less than a year ago. Most of the drop has been since the FED dropped rates.”
But you are ignoring the spread between the Fed Funds Rate and the Libor rate. It is not headed in a favorable direction.
Second, how does the interest rate help an FB if their LTV has passed certain thresholds already? Especially given current lending standards.
Participant“True. But LIBOR rates tend to correlate with the FED funds rate. Currently the 1-year LIBOR is about 0.9% less than a year ago. Most of the drop has been since the FED dropped rates.”
But you are ignoring the spread between the Fed Funds Rate and the Libor rate. It is not headed in a favorable direction.
Second, how does the interest rate help an FB if their LTV has passed certain thresholds already? Especially given current lending standards.
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