truth behind mortgage quotes: How To Read The Daily Mortgage Rate Updates & Projections Charts
- 02/23/13 03:47 AM
Below is a simple lesson on how to read the charts associated with the Mortgage Rate Updates & Projections reports which can be found at www.JasonGordon.info nearly every business day. If you are pursuing a mortgage (or helping to refer someone in need of a mortgage), it is highly recommended that you learn The Truth Behind Mortgage Rates (to understand the terms "Mortgage Pricing") as well as The Truth Behind Mortgage Quotes (to understand how to spot marketing gimmicks used by some Mortgage Professionals when quoting you Mortgage Pricing). Lesson #1: Understanding Daily Charts The first charts which appear on this (6 comments)
truth behind mortgage quotes: Always Lock Mortgage Rates On A Friday?
- 12/10/11 07:04 AM
Always lock mortgage rates on a Friday? Like many of you reading this article, the longer you work in your specific professional industry, the more myths you are exposed continually exposed to. On several occasions, I have had Clients, Financial Professionals, and even Real Estate Agents insist that "you should always lock mortgage rates on a Friday." I honestly could not make this up! Blindly stating that there is a specific day of the week that is guaranteed to prove favorable to interest rates is absurd. Promise yourself that you will not inadvertantly perpetuate this careless rumor to others in your (3 comments)
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Jason E. Gordon
Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon