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Strategies & Market Trends : Mortgage Rates

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To: saju chacko who wrote (11)4/12/1998 8:27:00 PM
From: Skeeter Bug   of 40
 
>>i said that i
would take the mortgage from the developers lender... which limits me to one
lender. so the only way that i can get a lower rate is to hope the 15 yr rate moves
down. <<

saju, i feel for you. another scam perpetrated by sharks with sharp teeth. the 15 year rate is $6 7/8 with no points. i hope they drop too, but there is a lot of pressure both ways and anything can happen...
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