perspective: So rates have blown up...now what? - 06/20/13 04:05 AM
Yesterday was one of the worst losses I've seen in my 10 years of lending experience.  We went through three re-prices and mortgage backed securities lost over 150 basis points.  Ouch!  But what does this really mean if I'm still looking to purchase my home?  How does this affect my payment?   Hopefully we all can take a step back and gain some perspective.  Rates are still at historically low levels.  Most lenders are executing at 4.25% for a thirty year fixed mortgage.  For a $350,000.00 loan amount, going from 3.75% to 4.25% changes my payment by $100.88. What's important for buyers right … (0 comments)

 
Dave Marzinke, Clear to Close in 7 Days (Movement Mortgage, LLC)

Dave Marzinke

Clear to Close in 7 Days

Mission Viejo, CA

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Movement Mortgage, LLC

Address: 25910 Acero, Suite 100, Mission Viejo, CA, 92691

Office: (714) 585-0066

Mobile: (714) 585-0066

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