Let's just throw out the adjustable rates for now, clients are scared, and no one wants them fixed rates are usually a better or very close the same rate anyway, except for maybe the 3/1 ARM because of the inverted or flat yield curve(what ever those are) so I won't speak of them.How are mortgage
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02/26/2008
I have seen posts on here and I have talked with quite a few account reps and brokers proclaiming FHA is the new sub prime. FHA may be saving people who have not totally lost control of their finances after a rate adjustment, but loan officers out there have a duty to do what is best for client
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02/26/2008