The first few words to appear in the first paragraph of an updated New York Times posting are :” The Federal Reserve moved…” Now this may seem like a fairly benign statement until you consider this: Had the Federal Reserve moved say, six or seven years ago, we might not be in this /housing/credit/banking crisis that we find ourselves in, along with much of the rest of the developed world. The Fed Moved! According to a Tim How do we know this? Freaking amazing when you think about it. Fortunately though, broker's fees, like lender fees, are negotiable. So be prepared to practice you negotiating skills so you can best the best mortgage rate.
