Real estate blog entries tagged with fixed rate by Justin Perry (Mortgage Banker)

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Home : Blogs : Justin Perry : Justin Perry's Blog : Tag "fixed rate"

fixed rate: But What If Mortgage Rates Get Lower? - 01/17/09 09:43 AM

That is the question I have been fielding from my clients for a month now. Don't get me wrong, it's a great question. But it leads many consumers into a state of "rate lock paralysis." Many people don't want to lock a rate today out of fear that rates will be lower sometime in the near future. There are two things I say to these types of borrowers:
I remind them about all the clients who missed out in January of 2008 when rates hit 5.00% for only a short while. I had dozens of clients who could have saved $200, … (1 comments)

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Justin Perry

Portsmouth, NH

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Mortgage Banker

Office Phone: (603) 570-4897

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