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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Follies who wrote (2472)4/25/2002 8:07:15 AM
From: TradeliteRespond to of 306849
 
Today's Wall Street Journal has a story about how Wells Fargo and other mortgage lenders might be willing to reduce your mortgage rate simply by calling them and asking for it.

This is not necessarily a new tactic --(always has been good advice to check with current lender first before refinancing to see how much they'd like to keep you as a borrower)-- but it could mean lenders are more willing to allow a rate reduction without jumping thru all the refi hoops.


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