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Posts Tagged ‘Home Purchase’

 

Mortgage rates were up to 18% under Carter, how high do you think they will go under Obama?

Wednesday, May 27th, 2009
Green Eyed Gila ver2.0 asked:


I disagree most responsible people who were smart and saved a large down payment took care of their credit can afford their mortgages - it is only the irresponsible people who bit off more then they could chew by not doing their homework and not being realistic in their home purchase.

Patrick

 

When do you think the best time is to lock into a mortgage rate?

Sunday, March 22nd, 2009
lynndh5 asked:


With the fed just meeting, should I wait until the end before I lock into a mortgage rate. The current rate quoted for me by my bank is 6.125% with 5% down or 6.375% for 100% financing. This is my first home purchase and I don’t want to do the wrong thing…..

Benjamin
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