There are many reasons why you can not just shop the rate on a mortgage. If you base your mortgage decision only on rate you could get WACC’ed! I borrow this phrase from America’s Most Opinionated Mortgage Broker (Brian Brady). He has a great explanation of this on his blog here.
Everyone needs to know their blended interest rate before they make a mortgage decision. After you read Brian’s analysis and you want to know your WACC give me a call or contact Brian directly!
Welcome to the Arizona Mortgage Guru blog, a great resource for all your home financing needs. If you're new here and like the content, you can subscribe to my RSS feed to get regular updates on all things related to mortgages. Thanks for visiting.
Zillow under fire from Realtors
Fed Gives You $30,000 and Drew Interviews the Guru
Potentially more bad news ahead for mortgage rates
Related posts brought to you by Yet Another Related Posts Plugin.
on May 16th, 2007 at 9:15 am
Thank God that someone else in the business understands WACC analysis. Wouldn’t you know that it had to be someone in one of my markets?
Give Shailesh a call if you’re reading this; it’s clear that he’s a pro.