Mortgage Blog

Interest Rates are going up again

March 8th, 2018 10:48 PM by Eric Fang

I just locked and closed one 5/1 ARM 3.75% a few days, then when I locked another one, the rate became 3.875%. And then another client wanted to get 3.875%, it went up to 4%. But I told him that we can wait, and we should be able to get 3.875% again. All the loan amounts were lower than $453k. And it was for no closing cost at all.

Signed for New Orleans Half Marathon 2 weeks later. Not sure about the weather there. Hopefully I can have a good time there.

Also, I did great for the recent marathon trainings. Tempo run paces are around 7:25 now, speed workout are all under 7:00. I think I might need to increase the weekly mileage soon.

Posted in:General
Posted by Eric Fang on March 8th, 2018 10:48 PM

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