Here Today Gone Today

Posted by Larry Cragun

Yesterday I posted that rates were way way down and no one knew how long it would last. How long dit it last? A few hours. Some of our lenders upped rates 5 times during the day.

So what do you do if you missed the opportunity and want to be ready? Start the application. Have the loan in the system so if it happens again it is merely a computer transaction, fast and furious.

Mark this site. The first thing I do each day is look at rates. If I see the sub 5% is back, or close, I will post it here. Larry Cragun….. Remember I don’t do loans, just real estate sales, but we do own a company with select loan officers. Several of them serve people locally here in Issaquah.

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This entry was posted on Thursday, January 24th, 2008 at 9:57 am and is filed under Mortgage and Reverse Mortgage Info. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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