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Just PoliticsLeisure
Welcome to the Notary Talk General Discussion Forum. Before posting, please read the

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 Comparing Loan Rates
Posted by  SamIam_CA on 5/11/05 12:40pm

I understand that it would be completely wrong & unethical of us to discuss the rate with the borrower. We should not advise them if their rate is high or low etc. & we certainly should not let them know where they could have received a better rate.

That said...Is it also unethical for us to compare rates? If I were to ask, "Named Lender just did a loan for X% - did anyone close with a lower rate in the last week?" would that be wrong? I'm shopping for my own re-fi.
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