Many buyers (or re-financiers) go to the internet do a rate search. While this can be a good idea, a new wrinkle in interest rates changes everything. Effective in mid-January, conventional conforming rates are now "tiered". If you have a credit score of 680 or greater, you get the best rate.
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01/22/2008
http://www.cicimurphy.com The sub-prime mortgage crisis has had fall-out in the regular mortgage markets. Underwriting is changing. Products are changing. Down payment requirements are changing. Freddie Mac and Fannie Mae have eliminated "no doc" products.Gone are "No Ratio Loans"Gone are "No
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01/04/2008
