I can smell the fear in the air. San Diego is starting squirm from rising interest rates. People that plan to be here in ten years, better get their rates locked in tight. I have been solely trying to contact option ARM clients who plan on being in the home long term and shouting the news. Lock your loan. It’s not that this is a revolutionary idea or anything, but one that few mortgage brokers are willing to tell clients. Why, because the short term 2 year fixed loans and other hybrid loans, pay out more.

The banks almost force loan professionals to do this, because they dictate the payout. If they would pay the same for the loans that would do borrowers good for the long haul, it may help improve the economy… Too bad that will not happen.

I can smell the fear in the air. San Diego is starting squirm from rising interest rates. People that plan to be here in ten years, better get their rates locked in tight. I have been solely trying to contact option ARM clients who plan on being in the home long term and shouting the news. Lock your loan. It’s not that this is a revolutionary idea or anything, but one that few mortgage brokers are willing to tell clients. Why, because the short term 2 year fixed loans and other hybrid loans, pay out more.

The banks almost force loan professionals to do this, because they dictate the payout. If they would pay the same for the loans that would do borrowers good for the long haul, it may help improve the economy… Too bad that will not happen.

I can smell the fear in the air. San Diego is starting squirm from rising interest rates. People that plan to be here in ten years, better get their rates locked in tight. I have been solely trying to contact option ARM clients who plan on being in the home long term and shouting the news. Lock your loan. It’s not that this is a revolutionary idea or anything, but one that few mortgage brokers are willing to tell clients. Why, because the short term 2 year fixed loans and other hybrid loans, pay out more.

The banks almost force loan professionals to do this, because they dictate the payout. If they would pay the same for the loans that would do borrowers good for the long haul, it may help improve the economy… Too bad that will not happen.