Posts from 'Rob K. Blake - The Insider' tagged with: 'mortgage-rates'
My partner wrote a post on our blog today about no points and no fees loans. Can they make money without charging these fees?
That sounds silly just saying it but the ads are compelling. Mortgage companies do not do loans for free…nothing in the mortgage business is free. So, with that said, when you see an ad for no cost refi or no fees or points you aren’t getting something free.
It isn’t a better deal…just a different one. She wrote about the difference between a no cost refi and a no points refi.
So check it out and also remember she gives you actual wholesale mortgage rates everyday in her real rates daily podcast.
Thanks!
Here's is a recap of the weeks's best mortgage tips and mortgage rate updates from the Mortgage Insider website....
Wholesale Lender Rates - Episode 12-20-08
FICO Rate Adjustments - Mortgage Rate and Tip For 12-19-08
Village Homes - Mortgage Rate and Tip For 12-18-08
Record Low Rate - Mortgage Rate and Tip For 12-17-08
Federal Funds Rate Cut To Lowest Level Ever - Video
Locking Loans - Mortgage Rate and Tip For 12-16-08
Lennar - Universal American Mortgage Review
Refinance Calculation - Mortgage Rate and Tip For 12-15-08
Housing Price Floor - Foreclosure Auction Bidding - Episode 12-12-08
I'll keep you posted on a weekly basis here... of course you could always just subscribe to the podcasts and feeds directly ...use the link provided.
Happy Investing,
Rob
| Website: | http://themortgageinsider.net |
| Phone: | 866-999-1003 |
| Fax: | 866-999-1003 |
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