May 18th, 2012 10:47 AM by Eric Fang
I put an ads on www.wenxuecity.com on Wednesday for three days for 30yr fixed rates for 3.5%.
And the rate was not mostly availableon that day and I expected that we hitthe rates this week.
And indeed we got this rate Thursday andFriday from two of my lenders. It's my second time to use the strategy andit worked pretty well.
A liitle bit knowledge in the mortgageindustry can help beat the competition.
And a client called me and asked me to make a prediction of the rate trend. Basically it hit the bottom I predicted last year. I need to do some homework this weekendand make another bold prediction or still thinks that's the bottom?
Too busy is not good. I skipped two days'running, which, according to my friend,is against the "hitting the road sunshine or raining" guideline. Maybe I need to makeup a little bit this weekend.
Have a good weekend.