LOCK THOSE RATE!! 4.00% as of today!

[ChunkyMonkey]

Hello,

If you have home equity line of credit, business line of credit, etc, lock those rate today! 4% on 15 yr, 4.25% on 30 yr! Depending on your lender floor rate... some have gone under 4%.

FYI

[cowboykjohnson]

Damn I wish I could afford a house.

[Ridge]

Damn I wish I could afford a house.

Didn't stop everybody else

[ChunkyMonkey]

Didn't stop everybody else

Thats an understatement... if we rejected loans in the gray area, the Fed would cut off our funding and sue us for 'redlining.' Now they are blaming the banks for the downfall.

Bah!

[Byte Stryke]

Thats an understatement... if we rejected loans in the gray area, the Fed would cut off our funding and sue us for 'redlining.' Now they are blaming the banks for the downfall.

Bah!

I have seen some banks doing some pretty shady stuff;
Not necessarily illegal, but questionable.

[bryjcom]

MB888; I love your avatar. Seriously I really really love her

[ChunkyMonkey]

I have seen some banks doing some pretty shady stuff;
Not necessarily illegal, but questionable.

You mean like some car salesmen, appliance salesmen, pawnshop brokers, gun store owners and so on do? The same thing applies everywhere. Buyer beware, don't sign anything you don't understand 100% and stick with referred bankers! The great thing about the current market, only 1 out of 3 banker/brokers are left in the business. In many ways, the bad ones are long gone.