The key, then, is to talk to multiple lenders because they serve different parts of the market. Shopping will always help you ensure that you are getting consistent stories. Then you can negotiate. When I've bought homes, I've always talked to at least three lenders and I've always gotten a better deal.
More Quotes from Doug Duncan:
If you pay on a monthly basis, and close on the 25th of the month, then you have about five or six days of extra interest payments. But if you close on the 5th, you'll pay 25 or 26 days' worth of interest.Doug Duncan
The increase of delinquencies is not surprising. We have been expecting an up-tick in delinquencies due to a number of factors.
Doug Duncan
The historical low delinquency rate was 3.9 percent in the late 1970s, while the historical high for delinquencies was 6.07 percent in 1985. Right now it's right in the middle between the all-time low and the all-time high, and we're just coming out of a recession.
Doug Duncan
Housing will decline modestly from the fifth consecutive record year in 2005, but will remain robust historically. Home price appreciation rates will moderate compared to recent years.
Doug Duncan
We need to do things to clean up the bay. We don't want to be the generation responsible for destroying it.
Doug Duncan
There is no question that the ability to tap equity has supported consumption. It is a very, very powerful engine for the economy.
Doug Duncan
Readers Who Like This Quotation Also Like:
Based on Topics: Shopping QuotesBut as soon as we got that higher speed access to the home there?s going to be a tremendous crunch on the backbones for a much higher speed bandwidth. People really ought to be planning for that.
Jon Postel
I was surrounded at the time by about a dozen of the enemy, whose clubs rattled upon me without mercy, and the strokes of my sabre were rendered uncertain by the energetic pushes of an attendant who thus hoped to save me.
Richard Francis Burton
When I go in to see people - and I sell an occasional ad now - I never say, 'Help me because I am black' or 'Help me because I am a minority.' I always talk about what we can do for them.
John H. Johnson