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Originally Posted by MrLabGuy
Agreed. Someones first impression of the rate might have been WOW that is pretty high and he either got ripped off or has bad credit. Reality is there could have been other reasons for the high rate. It might not have been a conforming 80-20 loan or there could have been a low down payment.
The details are personal
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That's my point. Nobody knows WHY his rate is high, and there are many reasons that would explain it. But that doesn't tell the world that he has a $1M house or a $250k house, nobody's business!