5 Steps for Shopping Mortgage Interest Rates March 29, 2007
What? I’m writing about something I don’t agree with in principle? True. I think that many people are spinning their perfectly good wheels in order to try to find a rate they cannot have unless they’re prepared to lock at the precise moment they are shopping. But, the practice of rate shopping and kicking the [...]
Why Selecting a Lender by Rate Alone is Not in Your Best Interest March 11, 2007
When Ardell suggested that I post rates on Friday, I was a bit reluctant to do so. Why? Because it promotes rate shopping and I don’t believe that is the best way for consumers to select the professional who will be advising them on one of the largest financial transactions they will make in their [...]
Mortgage Rates for Friday Morning March 2, 2007
It’s Friday…and that means I’m posting mortgage interest rates as of 9:20 this morning. Mortgage bonds have improved by 0.125% over last week’s rates with the recent volatility in the stock market. Mortgage rates may change at any time…especially with our current market conditions.
Conforming Conventional (Single Family loan amounts up to $417,000). Rates are based on 30 day [...]
