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| quote: | Originally posted by fbgdavidson
If you've got excellent credit then you should be OK. |
That's not really true. Even with good credit, rates are up even though the Fed rate was recently lowered (and they're talking about taking off another .75% next week which would bring us to our lowest Fed rate in history). My brother's been in the market to buy a house in VA for about a year but hasn't found anything that he and his wife agree on, or they've been outbid. Now, he's about ready to throttle his banker because she didn't lock in his rate a month ago when the credit market started to lock up and he's looking at another 1-1.5%, which will tack on another $100+/month to his payments...for 30 years.
Oh, and he's got excellent credit, btw.
___________________
"Go back to bed america your government is in control
Here's American Gladiators, here is 56 channels of it,
Watch these picturary retards bang their fuckin' skulls together and congratulate you on living in the land of freedom,
Here you go America you are free to do as we tell you
We want your soul
Your cash, your house, your phone, your cash, your house, your life" -Adam Freeland - We Want Your Soul
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