Due to a “yield inversion” in the bond market rates are better on 30 Year fixed rate loans than ARMS. If you were considering an ARM to get a better rate make sure your LO checks 30 Year fixed rates before locking your rate.
Hey, thanks for the advice patrick
You seem to really know your stuff. Can you tell us a little about yourself?. Also do you service Springfield, OH?
Way to be a team player mark… ;D