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Forum: Flotsam & Sailing Miscellany 27-11-2007, 07:19
Replies: 20
Views: 2,692
Posted By Tspringer
PMI is only a factor if putting less than 20%...

PMI is only a factor if putting less than 20% down. Also... most conforming loan programs now offer "lender paid MI". This is where the lender pays an up front one time PMI premium and then increases...
Forum: Flotsam & Sailing Miscellany 27-11-2007, 06:10
Replies: 20
Views: 2,692
Posted By Tspringer
My point was not to insult you, sorry it came...

My point was not to insult you, sorry it came across that way.

I did not advise him to not do an ARM. I advised him to evaluate all available products and compare them to his specific needs and to...
Forum: Flotsam & Sailing Miscellany 27-11-2007, 05:47
Replies: 20
Views: 2,692
Posted By Tspringer
<sigh> Amazing how folks will post definitive...

<sigh> Amazing how folks will post definitive advice on things they know nothing about.


The Fed does not control mortgage interest rates. In the immediate period after the last 2 Fed rate...
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