Ar_home_b_search
 

Does the word RATE LOCK mean anything? - 12/18/08 09:40 PM
This week has been NUTS..... yes rates are the lowest they have been EVER.... but people lock a loan and then the rates drop then they want that lower rate.... do they not understand what rate lock means?  Bad thing is if you dont try to get them the lower rate they will leave and go somewhere else... where has the loyalty gone?  We cant help that the market is SO volitile that they can range a .5 - 1% in a matter of days if not hours.... yet people remember the last commercial they see.... What people dont understand is when … (10 comments)

Will 4.5% rates on mortgages help? - 12/08/08 08:50 PM
As many of you may know the news and lobbiests are talking about the government may make rates go down to 4.5%.  First of all what has dropping the FED funds rate down to 1% did to help?  Prime is at 4% now and the market is still struggling.  The main problem is that lending issues..... people that used to could get a loan cant now.... truth is some of those that cant buy now never should have been able to buy.... but one thing i think they need is more 100% loan options.... even people with good credit have to … (7 comments)

 
Chris1

Chris Montz

Birmingham, AL

More about me…

Network Funding, LP

Address: 248 Inverness Center Drive, Birmingham, AL, 35242

Office Phone: (205) 995-7283 x 309

Cell Phone: (205) 531-8189

Email Me



Links

Archives

RSS 2.0 Feed for this blog