Real estate blog entries tagged with rate locks by Chris Montz (Network Funding, LP)

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Home : Blogs : Chris Montz : Chris Montz's Blog : Tag "rate locks"

rate locks: 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)

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Chris Montz

Birmingham, AL

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Network Funding, LP

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

Office Phone: (205) 995-7283 x 309

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