As much as I have talked about the difference between these two things, I was surprised to see I hadn’t written about it because it can make a huge difference, sometimes make or break, with regard to a borrower’s situation relative to the money needed for closing costs. The Scenario: Let’s take a look at […]
Mortgage Rates and the Economy
Deceptive advertising is a HUGE pet peeve of mine. For me, it’s important to be 100% honest all the time. Spinning things to make something look better than it is in an effort to get people to make a decision for your own financial gain doesn’t sit well with me. I’ve never played that game […]
Lock or Float: Where Are Rates Headed?
An important question with regard to any loan is “Should I lock?” or When should I lock?” No one ever really knows for sure. I have a pretty extensive background in investing (I was a Series 7 Licensed Representative for Fidelity Investments in the mid-90s) so I’m familiar with a lot of things that the […]