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NotCranky
ParticipantIf you are asking me Calsmeow, I was just joking around. I am a general contractor and built my own house in the hills of Jamul. SD Realtor and sdrealtor and several other posters are very up to date on houses in CV. Maybe you would like to start a thread to draw them into a discussion?
Good Luck.ParticipantIf you are asking me Calsmeow, I was just joking around. I am a general contractor and built my own house in the hills of Jamul. SD Realtor and sdrealtor and several other posters are very up to date on houses in CV. Maybe you would like to start a thread to draw them into a discussion?
Good Luck.Participant“On my personal purchases I have never ever floated a loan. I get that sucker locked immediately. So to answer your question, before I even sign a contract, I make sure my mortgage broker has a very precise rate for me.”
SDR
We are in lockstep on this one!I have seen the rate be off very badly at doc signing too. Not in my favor of course. Yes they fixed it.
The thing I hate about dealing with rates is getting the broker(I usually use a mortage broker) to tell the truth about how much of the rate is for him.BTW If I wasn’t a real estate agent I would give you my business.
Participant“On my personal purchases I have never ever floated a loan. I get that sucker locked immediately. So to answer your question, before I even sign a contract, I make sure my mortgage broker has a very precise rate for me.”
SDR
We are in lockstep on this one!I have seen the rate be off very badly at doc signing too. Not in my favor of course. Yes they fixed it.
The thing I hate about dealing with rates is getting the broker(I usually use a mortage broker) to tell the truth about how much of the rate is for him.BTW If I wasn’t a real estate agent I would give you my business.
ParticipantWHo would say to themselves. “Rates are the highest they’ve been in a year, sign me up”
Why would you lock right now with the peak for the last year. not me. if rates keep on going up then thank god you never bought in now because the market is about to burn to death.
Alex who wrote this?
Where is your question mark and what about the typo?
This is a response to something I typed to a different person. You obviously read what you wanted into my words because the reply you give is half relevant. You do this all the time. I think we can lighten up on bad spelling maybe? After all, there are more important indicators of ignorance.ParticipantWHo would say to themselves. “Rates are the highest they’ve been in a year, sign me up”
Why would you lock right now with the peak for the last year. not me. if rates keep on going up then thank god you never bought in now because the market is about to burn to death.
Alex who wrote this?
Where is your question mark and what about the typo?
This is a response to something I typed to a different person. You obviously read what you wanted into my words because the reply you give is half relevant. You do this all the time. I think we can lighten up on bad spelling maybe? After all, there are more important indicators of ignorance.Participant“WHo would say to themselves. “Rates are the highest they’ve been in a year, sign me up”
Someone who really wanted to buy and could afford todays rate but didn’t want to risk any movement.Someone that was concerned about the fairly reasonable possibility that the rate enviorment is getting worse still and that there may be some relatively large jumps compared to “historical lows”.
To buy or not to buy different topic from wether or not to lock rates Alex. Don’t buy and you don’t have to worry about it for now. You know that has always been my advice.
Best wishes.Participant“WHo would say to themselves. “Rates are the highest they’ve been in a year, sign me up”
Someone who really wanted to buy and could afford todays rate but didn’t want to risk any movement.Someone that was concerned about the fairly reasonable possibility that the rate enviorment is getting worse still and that there may be some relatively large jumps compared to “historical lows”.
To buy or not to buy different topic from wether or not to lock rates Alex. Don’t buy and you don’t have to worry about it for now. You know that has always been my advice.
Best wishes.ParticipantNorth County Jim,
Alex doesn’t follow me.I am sure.
I recommend he is follow you until you make a spelling or other benign eerror.May good spellers rule the earth!
Best wishesParticipantNorth County Jim,
Alex doesn’t follow me.I am sure.
I recommend he is follow you until you make a spelling or other benign eerror.May good spellers rule the earth!
Best wishesParticipantPatient renter
What kind of nerd are you any way? Where does the sqrt part come from?
Thanks for going to the trouble to post that explanation.
Is it safe to generalize more than you have done? What would be some adequate but less scientific rules of thumb for guestimating rate risk going forward.SDR? How do you come to your conclusion to decide to lock or not?
Would you be reluctant to sign a contract today where the loan floats for 4 months or more . I would be, unless I was ready for a upward surprise.ParticipantPatient renter
What kind of nerd are you any way? Where does the sqrt part come from?
Thanks for going to the trouble to post that explanation.
Is it safe to generalize more than you have done? What would be some adequate but less scientific rules of thumb for guestimating rate risk going forward.SDR? How do you come to your conclusion to decide to lock or not?
Would you be reluctant to sign a contract today where the loan floats for 4 months or more . I would be, unless I was ready for a upward surprise.ParticipantMy favorite thing about blogging with you jg …you are such a good sport.
Luckily I am just as happy playing tennis at a local school or park.“I’m perfectly happy with brown-haired, brown-eyed, tan-skinned, mid-heighth me.”
That makes my over sensitive heart glad :).
ParticipantMy favorite thing about blogging with you jg …you are such a good sport.
Luckily I am just as happy playing tennis at a local school or park.“I’m perfectly happy with brown-haired, brown-eyed, tan-skinned, mid-heighth me.”
That makes my over sensitive heart glad :).
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