The mortgage activity rate sank 5.5% in the week ending October 6, 20006. This all after surging to a 9 month high in the prior week according to the Mortgage Bankers Association. Mortgage rates shot up this week which probably dampened demand.

Even the most simple loan can be structured better. Get the structure that is best deal for you.

Always evaluate:

• * 100% Financing lowest payment 80/20 vs. 75/25
• * Lowest Payment 1-month MTA Pay Option vs. 5/25 Fixed Pay Option
• * A smoother easier loan approval by REDUCING Stated Income
• * A mortgage still qualifies for A pricing
• * Qualifying at Interest Only vs. Principal & Interest
• * Does the structure of your 1003 make for a sale-able loan?