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Author: Dwdonhoff Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 126967  
Subject: Re: PRIME RATE, HIGHER OR LOWER? Date: 1/14/2002 12:12 PM
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Hi P8NT,

How can I find out if things are lower today then friday? What are the indicators?

You COULD look at various financial indicators (long bonds, 10 year bonds, NAADAQ Composite, etc.,) but these won't really tell you what your specific lenders programs' rates are doing. If your financing your entire loan on a HELOC you could know explicitly what your rates would be... all else is open-market.

I am meeting with my lender today but am skeptical of anyone I have met in the home buying process. EVERYONE has their hands in my pocket! Please help...

Did you do your diligence and pick a loan officer you trust? If so, call & ask for rates updates. IF not... well... I'm sorry to say you're getting what you're paying for.

Hope you chose someone you can trust.

Cheers,
Dave
Mortgage Fool
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