Find CA real estate agents and San Diego real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2009 ActiveRain Corp. All Rights Reserved
;)
;)
Brian... I semi confused... I listened to the podcast. Not only did every investor of mine lower rates from yesterday in the first pricing this morning, but 2 of them repriced for the better 2 hours later. And I think we will see one more time with lower rates between now and the 16th. After that, I believe they will go up, no matter how much more MBS's that the gov't buys up.
On another note, I think the discussion about why most rates aren't paying much back, so we can charge no points or no fees... or to do a lender credit, is a great discussion. And I agree with most of what you and Sean had to say about this.
Overall, you are right on that you need a loan officer that is watching all of this every hour. It could be a difference of a 1/4 percent in a matter of 4 hours. But yes, rates are still low....and I agree, that they won't stay low. I said that all day today... thanks for sharing this..