Brian-Foley.net

Well, I finally received confirmation on a closing date for the house. March 22nd for the walk-through, and March 28th for the closing (assuming EVERYTHING gets fixed). I have the rate lock for the mortgage, but I’m going to call tomorrow morning and ask her to check her rates again. According to bankrate.com, the average rates for 5/1 interest-only ARMs dropped by 2 basis points to 4.82 today. The highest rate was 6.38. I think they can do better for me than what they’re currently offering.

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