“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Fixed Rates are Better!

Fixed Rates are Better!

Ok, so are the ARMS.
I just wanted to stir up the pot a little.

As of this morning we are almost 1/4% lower for the same conforming loan profile that I would have quoted two days ago.

That's a pretty big jump!

This has little to do with the Fed's and more to do with what is happening in the market today.

Remember, we are in an extremely volatile market right now.
Change happens and it happens fast!

How's your Ducks?

rubberduckyI hope to lock two loans today, maybe three.

These have approvals already and ready to close.

They have their Ducks in a Row.


BTW: If you are locking your loans - make sure you get a lock confirmation (in writing). If not your loan officer is probably playing you.

I recently streamlined the application process I'm using.

Cleaner, Neater, More Concise.

Need financing?

Call Me

(925) 288-9977 ext 104

or email at Mike@PatagoniaFinance.com

Active Mike

Posted Thursday May 01
( 05/01/08 12:13PM ) — Bob Mitchell - Realtor St. Louis

I locked one the day before yesterday because I was nervous....After reading everything that there is to read and even though the market has moved in the other direction, I'm glad that I locked it!  Way too volatile right now for me!

 

Bob Mitchell

ValueList Real Estate Services, Inc. 

I really like your little video clips.  I watched yesterday and todays.  Short and sweet, but get a feel for you at the same time.  They are a good addition to your blog.

( 05/01/08 02:31PM ) — Mike Mueller

Bob - Good for you!

Melina - Thanks!  You are much too kind!   In and out under a minute!  Nothing like  Mike Lefebvre's winning stuff but that's ok.  

Active Mike

 

Mike,

I enjoy your short, sweet and to the point posts.  It's good to see your locking loans.  Hopefully, that's a good sign for all of us.

Post a comment

Temporarily disabled — coming soon!