Mortgage Blog

Still believes long term rates will stay or heading lower

March 8th, 2016 10:44 PM by Eric Fang

I collected a few loan applications for the rate of 3.375% to 3.5% for 30 yr fixed. I got the 3.5% rates locked and will be closed soon, but still wait for the 3.375% rate. And I think this rate still possible, so I started submission those loans to the lender and will get it approved and will lock for 15 days. Hopefully my "prediction" would be right. But short term rate might not change too much.

Registered another marathon today: Santa Rosa Marathon. I did not do well last year because of the cramps. Hopefully I can do better this year. And I believe I should since I PRed on both half marathons and marathons after Oct 2015.

So I will run 5 Marathons this year. I know I am crazy. And I promised I would do more loans this year(new year resolution). So the rates need to get better the 2nd quarter. keep my fingers crossed.
Posted in:General
Posted by Eric Fang on March 8th, 2016 10:44 PM



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