GSFKNR asked:


Guys,

I am looking to purchase a house in the next 60 days. My loan will be about 400k, my credit is 790, my salary is above the average.

My broker has quoted me around 5.875…He has told me this about 2 months now. I have seen the apr for 30 year fixed go down, how come my rates isn’t going down? Is there a history that I can print out and show him? I have looked on bankrate, but couldn’t find anything.

Any advice would be helpful.

Harvey

inpoetry1 asked:


My credit scores from 3 bureaus average just over 800. I am looking for a house in the Vancouver-WA area. Can anyone advice me on the best source for securing a loan (I plan on putting 20% down; mortgage required ~$250,000) as well as a desired interest rate? Also, is it preferable to wait a few months (i.e. are housing prices likely to drop)? My realter suggest I buy something now since he thinks prices will continue to go up. thanks.

Ella