August 29, 2007

Current Mortgage News

Filed under: Lynn Frantzen — admin @ 9:29 am

The perfect storm is what the current market conditions with the addition of mortgage foreclosures. Today my preferred lender told me that one of their underwriters actually stopped accepting lock in agreements for the next few days. Clients that have already entered into a lock in agreement should not be effected by this sudden change. However if someone needs to extend a lock in that option may not be there! The Sum of All Fears movie

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 Lynn Frantzen

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