Why would my lender change my discount and origination fees?
by Mortgage Rates on Friday, November 26th, 2010 | 3 Comments
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He needs to make more money and his cost are going up just like everyone Else’s is/are.
Basically that is what it looks like. The mortgage broker is buying the rate and trying to make as much profit as possible. Call him and ask what is going on?
I would also shop around just to see what else is out there.
Why are you going to a broker? Look at the bank websites. Dealing directly with the lending institution is the best way to keep your cost down. Never pay someone to find you a loan.