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I haven't personally done any HARP loans. The bank I work for has an area that does them and they only do HARP for loans they currently service. I just do normal mortgages. I'm not sure if you can lower the original term of the loan for a HARP, though. I think the term would have to be for...
In all honesty, banks don't need your business that bad. There is a cost of doing business. They all change somewhere between $500-$800 in origination even for a zero point loan. Very doubtful they will get rid of the fee. Appraisal is a 3rd party. It's not truly "their" fee. They control...
Told them today I only have DTV for the Ticket (which is true) but only really watch the RZC (somewhat true. I could never leave, my favorite team in not my home town). They gave me $200 off the Ticket this year and $20 off the next 12 months. $440 savings. I'll take it.
No, that should be yesterday, but nobody would do it for .276 yield spread. On average, you're looking around a 1.00 yield. So, 5.25% is more than likely the rate you would get across the board. Maybe 5.125% if they are competing for the loan.
The Fed announced that they plan to buy more Fannie, Freddie and Ginnie mortgage back securities. That could help lower them so more. That's what knocked the rates to where they are today. Rates were 6.5% before they announced they were going to use bailout money immediately to buy MBSs.
Not much better for a true zero point loan with no junk fees. Always ask for a good faith estimate. It's very rare that you find a deal. If a rate is lower than everyone else, there is usually a reason for it.
Went through a dunkin donuts the other day. When we are at the window, the guy saw my daughter and said "hi" to her in his thick accent. After we pulled away, my daughter was so excited she exclaimed "Daddy, I can't believe I just talked to a REAL Indian!".
I’ve always loved Stern and I hated the thought of not being able to listen to him anymore, but I just couldn’t see myself getting Sirius because I hate the idea of paying for something I’ve always gotten for free. But, after listening to David Lee Roth for two days, it was either commit...
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