January 10th, 2014 12:38 PM by Eric Fang
At least I do. I was just back from my auto annual oil change. And the dealer cleanedmy car for me, inside and outside. Thoughit might cost about $30 to do it myself,I was so happy when the dealer did it for me.
For the mortgage business, we can also do a little bit to make the clients happier. Sometimes, We docover the apraisal fees for those failed transactions,or cover some other fees to reduce the clients'cost. Anyway, there are a lot of ways to wow the clients.
Interest rate is getting better today because of the "mixed" job reports. No of jobs created inNov revised UP, but the jobs created in Dec wasdisppointing, only 74000. But the unemploymentrate was lower to 6.7%; and labor Force Participation Rate (LFPR) fell to 62.8%. So it is unclear whethersome people are leaving the labor force or retiring.And we will know teh answer later.
Please try to grab a good rate to lock for the refinance(if you still need it). Don't expect the rate will go down too much from here. A little bit adjustmentis necessary, but the trend is UP, and for sure.