Dissecting the "Lending Game"

Rates were higher when I originally wrote this, but the principles remain the same Right now X is offering me a loan that looks something like this: ... . They have some excellent rates, but what they're quoting you is a market current quote for a 30 day ... for the 6-month lock? YOU PAY 1% UP FRONT AND IT IS REFUNDABLE IF YOU CLOSE WITHIN 6 MONTHS [more...]

Date: 2009-01-10 21:17:22

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