Friday’s Rates… April 27, 2007
….are the same as last Friday! I was stalling…almost hoping for a rate change to try to prove my point to Ardell on how much rates can change. Alas…I may have to wait until next week to prove my point. Rates did increase a bit during the week and have come back to the same point as this time last Friday. 30 year fixed rate under 6%–who’s complaining? 
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Article Tags>> Mortgage and Lending | rates
- Posted in : General Real Estate, Mortgage and Lending
- Author : Rhonda Porter
Comments»
LOL You are so funny. I’m sure it changed from a 1 pt loan to a .95 pt. loan
To answer your other question, the 5.75% rate I closed on this week with one of my clients was a .75 origination; zero discount points. That was the 20% down client. Did another 5.75% on the first with a small second and 10% down and did an 80/20. The 80/20 was a bear because it was a condo conversion with only 17 units closed.
When was it locked? That’s what will really matter. I’m closing a 5.75% loan next week in spite of the escrow company.
GRRR. (Not Legacy or Talon).