Bob Moulton Quotes (5 Quotes)

What I do for people is I look at the weighted average of what their mortgage rate is.

The fallout of higher short-term rates will be seen in second mortgages, lines of credit, car loans and consumer loans.

I think people who were trying to get into investment properties and trying to flip them won't see those financial advantages with the short-term rates being higher than the long-term rates.

Monday morning is usually my busiest time. I've had only a half dozen applications today.

One great last-minute problem is when the borrower applies for mortgage and changes job in the middle of the application and they don't tell us. We have to get a letter of employment or contract or pay stub to prove he's working at new job, and that can delay processing.