Tag Archive for: mortgage rate

How Does America’s Doom Loop Play Out?

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I interviewed with the President of Bear Stearns in the late 1980s. The interview went well, but he looked at my background in law and finance and said something like […]Read More

How to Save On Your Mortgage With A 3-2-1 Buydown

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Are you in the real estate market to buy a home and looking for ways to save on your home loan payments? If so, you've come to the right place! In this blog post, we'll be discussing 3-2-1 buydowns, an intriguing option for home buyers.Read More

Points, Discount Points, & Origination Fees – Avoid Them In 2022!

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Even though distinctions can be made, Points, Discount Points, and Origination Fees are effectively the same thing, and they are used interchangeably. A “point” typically represents 1% of the loan […]Read More

How Credit Scores Affect Mortgage Rates; Real World Examples

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We recently had an agent scream at us (yes, scream) because of the rate we quoted to her client. Our rates of course are notoriously low and we also are not allowed to quote different rates to different clients. As I remind readers often in this blog, there is "no one interest rate for every borrower" because there are so many factors that influence every borrower's rate.Read More

Many Things Affect “The Rate:” Fico; LTV; 80/10/10; Condo vs. SFR

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We have a borrower with a 703 FICO bidding on condos with the intention of using 80/10/10 (1st and 2nd combo) financing. He needs a high balance loan too. There […]Read More