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Registered
Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,704
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There was a guy on a motorcycle bbs yesterday who was raving about Ditech's new rate. Turns out he had their APR, not note rate. And that can be a big difference. Just be sure you know exactly what you're getting. The Fed does not set mortgage interest rates - the bond market does. They are related, but a 75 bps cut by the Fed does not at all mean the same thing for 30 yr. fixed mortgage rates.
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2022 BMW 530i
2021 MB GLA250
2020 BMW R1250GS
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