[waiting hawk]

[quote=danielwis]HLS you typed a bunch of hot air, and not much else.

There is nothing a mortgage broker can do that you can’t do for your self. I’ve gotten screwed by a mortgage broker on a purchase. On the other two, I found that I could and did do better than what they quoted.

Of course you can’t compare yesterdays rates to todays. Who said that? Of course rates depend on your credit score. Who said they didn’t? You threw a bunch of crap out there to try and make yourself sound “smart”. You failed.

Shop around and you’ll do your self well. Ignore the hot air that insist you use a broker.[/quote]

All 3 houses I bought I posted the scenerio of downpayment, ficos, purchase cost, and state on brokeroutpost.com forum where hundreds of brokers viewed the post and not 1 ever said “I can beat them”. Retail was the way to go for me. May not be the same for all but was for me.

[waiting hawk]

[quote=danielwis]HLS you typed a bunch of hot air, and not much else.

There is nothing a mortgage broker can do that you can’t do for your self. I’ve gotten screwed by a mortgage broker on a purchase. On the other two, I found that I could and did do better than what they quoted.

Of course you can’t compare yesterdays rates to todays. Who said that? Of course rates depend on your credit score. Who said they didn’t? You threw a bunch of crap out there to try and make yourself sound “smart”. You failed.

Shop around and you’ll do your self well. Ignore the hot air that insist you use a broker.[/quote]

All 3 houses I bought I posted the scenerio of downpayment, ficos, purchase cost, and state on brokeroutpost.com forum where hundreds of brokers viewed the post and not 1 ever said “I can beat them”. Retail was the way to go for me. May not be the same for all but was for me.

[waiting hawk]

[quote=danielwis]HLS you typed a bunch of hot air, and not much else.

There is nothing a mortgage broker can do that you can’t do for your self. I’ve gotten screwed by a mortgage broker on a purchase. On the other two, I found that I could and did do better than what they quoted.

Of course you can’t compare yesterdays rates to todays. Who said that? Of course rates depend on your credit score. Who said they didn’t? You threw a bunch of crap out there to try and make yourself sound “smart”. You failed.

Shop around and you’ll do your self well. Ignore the hot air that insist you use a broker.[/quote]

All 3 houses I bought I posted the scenerio of downpayment, ficos, purchase cost, and state on brokeroutpost.com forum where hundreds of brokers viewed the post and not 1 ever said “I can beat them”. Retail was the way to go for me. May not be the same for all but was for me.

[waiting hawk]

[quote=danielwis]HLS you typed a bunch of hot air, and not much else.

There is nothing a mortgage broker can do that you can’t do for your self. I’ve gotten screwed by a mortgage broker on a purchase. On the other two, I found that I could and did do better than what they quoted.

Of course you can’t compare yesterdays rates to todays. Who said that? Of course rates depend on your credit score. Who said they didn’t? You threw a bunch of crap out there to try and make yourself sound “smart”. You failed.

Shop around and you’ll do your self well. Ignore the hot air that insist you use a broker.[/quote]

All 3 houses I bought I posted the scenerio of downpayment, ficos, purchase cost, and state on brokeroutpost.com forum where hundreds of brokers viewed the post and not 1 ever said “I can beat them”. Retail was the way to go for me. May not be the same for all but was for me.

[waiting hawk]

[quote=danielwis]HLS you typed a bunch of hot air, and not much else.

There is nothing a mortgage broker can do that you can’t do for your self. I’ve gotten screwed by a mortgage broker on a purchase. On the other two, I found that I could and did do better than what they quoted.

Of course you can’t compare yesterdays rates to todays. Who said that? Of course rates depend on your credit score. Who said they didn’t? You threw a bunch of crap out there to try and make yourself sound “smart”. You failed.

Shop around and you’ll do your self well. Ignore the hot air that insist you use a broker.[/quote]

All 3 houses I bought I posted the scenerio of downpayment, ficos, purchase cost, and state on brokeroutpost.com forum where hundreds of brokers viewed the post and not 1 ever said “I can beat them”. Retail was the way to go for me. May not be the same for all but was for me.

[waiting hawk]

[quote=FormerSanDiegan]I would lock now. I think waiting for a significant downside spike in the next 2 weeks is a fool’s game.[/quote]

Yes yes yes. Lock right now. Once fed stops buying MBS’s March 31st they will go up!

http://www.calculatedriskblog.com/2010/03/countdown-federal-reserve-mbs-purchases.html

[waiting hawk]

[quote=FormerSanDiegan]I would lock now. I think waiting for a significant downside spike in the next 2 weeks is a fool’s game.[/quote]

Yes yes yes. Lock right now. Once fed stops buying MBS’s March 31st they will go up!

http://www.calculatedriskblog.com/2010/03/countdown-federal-reserve-mbs-purchases.html

[waiting hawk]

[quote=FormerSanDiegan]I would lock now. I think waiting for a significant downside spike in the next 2 weeks is a fool’s game.[/quote]

Yes yes yes. Lock right now. Once fed stops buying MBS’s March 31st they will go up!

http://www.calculatedriskblog.com/2010/03/countdown-federal-reserve-mbs-purchases.html

[waiting hawk]

[quote=FormerSanDiegan]I would lock now. I think waiting for a significant downside spike in the next 2 weeks is a fool’s game.[/quote]

Yes yes yes. Lock right now. Once fed stops buying MBS’s March 31st they will go up!

http://www.calculatedriskblog.com/2010/03/countdown-federal-reserve-mbs-purchases.html

[waiting hawk]

[quote=FormerSanDiegan]I would lock now. I think waiting for a significant downside spike in the next 2 weeks is a fool’s game.[/quote]

Yes yes yes. Lock right now. Once fed stops buying MBS’s March 31st they will go up!

http://www.calculatedriskblog.com/2010/03/countdown-federal-reserve-mbs-purchases.html

[waiting hawk]

“even after it goes down another 20% (I expect that, but hope it’s not a lot more than that), I’m still doing not so bad with a $1,500 monthly payment”

So you expect to pay $1200 a month instead of the $1500 if you bought now and waited. Depending on location and current rents 20% lower at current interest rates would not be realistic unless you are talking about Hemet. Next time you look at it take a camera with a camcorder option so you can view it over and over during escrow. I did that on many places I was serious about. If you like the place, can afford it, and its around what you are paying for rent then buy it. If not ditch it and move onto another one later. My freind bought a place a few weeks ago because he was just sick and tired of waiting. After many many years I do not blame em. At least you know you are buying while everyone knows we are in a housing bust and that we did have a bubble instead of knowing about one while everyone else didnt and bought anyways.

PS. lol I went from 1200 sqft to a 2200sqft and I am already used to the extra space. You will fill it with ease. Good luck on any decission you make.

[waiting hawk]

“even after it goes down another 20% (I expect that, but hope it’s not a lot more than that), I’m still doing not so bad with a $1,500 monthly payment”

So you expect to pay $1200 a month instead of the $1500 if you bought now and waited. Depending on location and current rents 20% lower at current interest rates would not be realistic unless you are talking about Hemet. Next time you look at it take a camera with a camcorder option so you can view it over and over during escrow. I did that on many places I was serious about. If you like the place, can afford it, and its around what you are paying for rent then buy it. If not ditch it and move onto another one later. My freind bought a place a few weeks ago because he was just sick and tired of waiting. After many many years I do not blame em. At least you know you are buying while everyone knows we are in a housing bust and that we did have a bubble instead of knowing about one while everyone else didnt and bought anyways.

PS. lol I went from 1200 sqft to a 2200sqft and I am already used to the extra space. You will fill it with ease. Good luck on any decission you make.

[waiting hawk]

“even after it goes down another 20% (I expect that, but hope it’s not a lot more than that), I’m still doing not so bad with a $1,500 monthly payment”

So you expect to pay $1200 a month instead of the $1500 if you bought now and waited. Depending on location and current rents 20% lower at current interest rates would not be realistic unless you are talking about Hemet. Next time you look at it take a camera with a camcorder option so you can view it over and over during escrow. I did that on many places I was serious about. If you like the place, can afford it, and its around what you are paying for rent then buy it. If not ditch it and move onto another one later. My freind bought a place a few weeks ago because he was just sick and tired of waiting. After many many years I do not blame em. At least you know you are buying while everyone knows we are in a housing bust and that we did have a bubble instead of knowing about one while everyone else didnt and bought anyways.

PS. lol I went from 1200 sqft to a 2200sqft and I am already used to the extra space. You will fill it with ease. Good luck on any decission you make.

[waiting hawk]

“even after it goes down another 20% (I expect that, but hope it’s not a lot more than that), I’m still doing not so bad with a $1,500 monthly payment”

So you expect to pay $1200 a month instead of the $1500 if you bought now and waited. Depending on location and current rents 20% lower at current interest rates would not be realistic unless you are talking about Hemet. Next time you look at it take a camera with a camcorder option so you can view it over and over during escrow. I did that on many places I was serious about. If you like the place, can afford it, and its around what you are paying for rent then buy it. If not ditch it and move onto another one later. My freind bought a place a few weeks ago because he was just sick and tired of waiting. After many many years I do not blame em. At least you know you are buying while everyone knows we are in a housing bust and that we did have a bubble instead of knowing about one while everyone else didnt and bought anyways.

PS. lol I went from 1200 sqft to a 2200sqft and I am already used to the extra space. You will fill it with ease. Good luck on any decission you make.

[waiting hawk]

“even after it goes down another 20% (I expect that, but hope it’s not a lot more than that), I’m still doing not so bad with a $1,500 monthly payment”

So you expect to pay $1200 a month instead of the $1500 if you bought now and waited. Depending on location and current rents 20% lower at current interest rates would not be realistic unless you are talking about Hemet. Next time you look at it take a camera with a camcorder option so you can view it over and over during escrow. I did that on many places I was serious about. If you like the place, can afford it, and its around what you are paying for rent then buy it. If not ditch it and move onto another one later. My freind bought a place a few weeks ago because he was just sick and tired of waiting. After many many years I do not blame em. At least you know you are buying while everyone knows we are in a housing bust and that we did have a bubble instead of knowing about one while everyone else didnt and bought anyways.

PS. lol I went from 1200 sqft to a 2200sqft and I am already used to the extra space. You will fill it with ease. Good luck on any decission you make.

[Author]

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