rate: The New Good Faith Estimate (GFE) Form, Page 2 Section A - 11/12/09 01:24 AM
Page 2 of the new Good Faith Estimate (GFE) will look significantly different from Good Faith Estimates of the past.
Section A has 2 parts.
Item 1 is the origination charge, or what the lender is charging you for the loan. This number includes ALL lender fees, combined into one … (0 comments)

rate: How to "Shop" Loans and Lenders Part 1 of 7 (How to Shop Mortgage Loan Series) - 08/01/09 03:48 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (6 comments)

rate: How to "Shop" Loans and Lenders Part 2 of 7 (Same Day - Same Time) - 08/01/09 03:46 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (0 comments)

rate: How to "Shop" Loans and Lenders Part 3 of 7 (Same Facts) - 08/01/09 03:45 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (0 comments)

rate: How to "Shop" Loans and Lenders Part 4 of 7 (TOTAL Cost) - 08/01/09 03:43 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (0 comments)

rate: How to "Shop" Loans and Lenders Part 5 of 7 (Friend/Special Deal) - 08/01/09 03:39 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (0 comments)

rate: How to "Shop" Loans and Lenders Part 6 of 7 (References) - 08/01/09 03:38 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (0 comments)

rate: How to "Shop" Loans and Lenders Part 7 of 7 (Extras/Additional Information) - 08/01/09 03:36 PM
Many Buyers pay 1-3% too much for their loan in up-front costs, even after "shopping" for lenders. Some choose a lender solely based on which one has the lowest up-front costs, but they end up paying for it by getting an interest rate that is higher than they qualify for. Others … (0 comments)

rate: Beware the Bailout Buzzwords - 04/20/09 10:19 PM
Beware the Buzzwords.
I had a recent experience with my current mortgage holder that makes me wonder if consumers are accepting "deals" from banks that are not "deals" at all.
First, to be clear: I have equity in my home and I don't need a loan modification. I'm just in the … (10 comments)

rate: Salt Lake Real Estate over the past year (April 2007-April 2008) - 04/16/08 12:08 PM

A year ago Salt Lake was seeing appreciation rates in the 15-20% range. Today, appreciation is somewhere between 0 and +3% (My best guess - Official Data won't be out until the 20th).
There was a 6 month stretch with fewer home sales, making it harder to find comparable sales for … (0 comments)

rate: Hot markets - can you trust the national media? - 01/09/08 10:49 AM
OK. Don't get me wrong. The real estate market in Salt Lake is doing better than most places in the country.
I just want to point out to the person who isn't involved in real estate on a daily basis (i.e. the consumer) that the actual truth about the market is … (6 comments)

 
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