Asked by Anton, 10022 • Sat Aug 9, 2008
I'm about to go to contract on a condo in Manhattan and have been negotiating mortgage rates with several banks. I feel that I am supremely qualified for a mortgage, but the rates seem a little high. I'm seeing 6.375- 6.5%. My qualifications are FICO of 772, $235K annual income and over $200K liquid assets with zero debt. Shouldn't i be getting something a bit closer to 6% or am I misjudging the market?
Real Estate in New York
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