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Rates Not Taking a Break

Currently down 34 bps for the morning, rates may start .125% higher this morning. We’re teetering right under the 200 DMA and in volatile territory, so hopefully you’ve taken advantage of our FREE advice of locking in your loan programs a while ago. Right now is not a time to be risking your rate, and…Read the Rest of Article

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Morning Market Update 12/11/09

This morning mortgage rates should open a little bit higher by about .125%. Currently down about 25 bp and in negative territory, MBS opened lower this morning due to Retail Sales opening up to 1.3% and Retails Sales Ex-Auto at 1.2%- both higher than expected. The Consumer Sentiment Index just came out as well and…Read the Rest of Article

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Good Faith Estimate vs. Good “Bait” Estimate – The Inside Scoop

Comparing deals for a mortgage can be a very confusing task. You can shop til you drop for mortgage rates, mortgage fees, and the best APR (Annual Percentage Rate); however do you REALLY know what to look for? Well let’s have a look. Just the other day, I was having coffee with a potential client…Read the Rest of Article

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