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rates: How do homebuyers choose their Mortgage Lender? - 08/08/06 03:47 PM
How do home buyers choose their Mortgage Lender? Interesting question. And the answer will surprise you! But before I give you the answer, what do you think the main reason people choose a mortgage lender? Come on, think a little! My top three reasons are lowest rate/fees, referred, and advertising! What are your top three? In April 2003, The national Association of Realtors mailed out an eight-page questionnaire to 35,000 recent home buyers. The survey resulted in 2,703 usable responses with an adjusted response rate of 7.7 percent. Customers names and addresses were obtained from Experian, a firm that
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rates: Rates Fall Again - 08/07/06 12:55 PM
I recently was reading a article on recent survey done and found some really interesting information I think you all would like to know about! The following information is based on a survey conducted by Freddie Mac's Primary Mortgage Market Survey! The average 30-year fixed mortgage rate fell from 6.72% to 6.63% over the seven-day period ended Aug.3. The average 15-year fixed mortgage rae fell from 6.34% to 6.27%, the average rate for five-year Treasury - indexed hybrid adjustable rate mortgages declined from 6.35% to 6.27%, and the average rate for one-year Treasury-indexed ARMs decreased from 5.78% to 5.69%. Fees and
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Brooks Brown
Los Angeles,
CA
More about me
Platinum Equity Financial
Address: San Juan Capistrano, CA
Office Phone: (949) 486-0180
Cell Phone: (949) 910-2956
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