Comment by: www.Richardschulz.com Its interesting to me to see articles like this, I go back and forth as to were the blame should lay.

From the consumer stand point I understand that they want to believe the great stories of incredibly Low interest rates, but you MUST READ the fine Print, even if you have a great Loan Officer, Mistakes happen, Read the Fine Print, you have 3 days after signing on refi's if you don't want to read it then pay an attorney, or if your real smart get legal assistance whenever you desire with www.prepaidlegal/hub/richardws chulz.com
this way you can have all things reviewed, the Wealthy do, why wouldn't you.

On the other hand I don't know how a mortgage guy or anyone for that matter can sleep when they know they are putting someones home at risk. I have actually seen Loan Officers tell people these 1 and 2% rate are interest rates they are PAYMENT RATES. Here are a few god rules to remember
1) Generally speaking lenders get their money from the same sources so there is really very little difference from one to the other.

2) If someone tells you they have something that no one else has, Use Caution, it could be true but so might unicorns.

3) Find a mortgage broker that you use time and again just like your CPA, Insurance Agent, Attorney etc.

The Mortgage for most people is your biggest asset and obligation at the same time, treat it as such.

Thats my 2 cents www.richardschulz.com