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Old 01-25-2008, 05:57 PM   #14
cougjunkie
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Join Date: Jan 2006
Location: Utah
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Quote:
Originally Posted by bYuPride View Post
my guy locked me the day before yesterday at 5.50% so i'm happy about the rate, i think rates were a little bit lower than that at that time, but i can't complain. he was under the gun with the amount of time given and he's had decent communication throught the whole process.
You should be happy with that, I will say this, if he locked you on Wednesday at 5.5 he is making good money on you. However that is the life of a loan officer, he should be rewarded for playing the market because he (like myself) could have been burned in a big way.
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