WeAreMovingToArizona: Inflation fears --> long term mortgage rates go Kaboem

Wednesday, February 20, 2008

Inflation fears --> long term mortgage rates go Kaboem

4 comments:

Anonymous said...: taking about good timing!-); February 20, 2008 at 7:16 AM
Anonymous said...: Talk about bad timing, we can lock our rate in 90 days prior to closing...

ramsesVI; February 20, 2008 at 5:56 PM
Anonymous said...: auch, so it's not similar to our system whereby any offer a bank is making has to stand for 3 months?
-(; February 21, 2008 at 12:59 AM
Anonymous said...: No we don't have to pay anything until we close. Except the earnest money (signing money for the contract) which is $7500. That is the reason the US is in such a mess. People are just walking away because homes are worth less than they purchased(signed) them 6 months ago. Domino effect...

I will use that to negotiate some extra incentives at the end :-); February 21, 2008 at 4:34 AM

Subscribe to: Post Comments (Atom)