you go leslie!

Leslie Briskman's Blog

Have you heard the news?  Mortgage rates are lower than ever in history, and dropped under 4% today.  What does that mean?  Well, the rate you pay on your mortgage (loan to buy a home) is a factor in determining your monthly payment, which of course is important to most people buying a home.  Usually folks consider “How much do I have to pay each month??” … AND, it’s important in determining if you even qualify based on your income.

How do you find out if you even qualify for a mortgage and this artificially low rate?  Well, you could respond to one of the thousands of ads you probably received with a subject line bellowing out “It’s a GREAT time to buy” …. And any number of those folks will gladly run your credit, they might “pre-qualify” you, and it’s possible they’ll add you to their weekly “mortgage update”…

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