I keep in touch with a lender that was recommended by my agent and who I used for my last purchase and we have become great communicators with one another.

I've done a few deals with seller financing on commercial loans to effectively reduce the downpayment to less than 20%, so shop around with local banks in that area.  

THAT'S how you use those loans effectively!

So what you really want is to communicate mutual benefits for each party.

I think you've handled it well but I wouldn't do anything more than communicate "it's fixed" and give them some tips on how to  operate it properly.

All you need to know is that the Fed's target rate is vastly important to the global financial system, and it has far-reaching effects on all manner of interest rates.

Any thoughts on the effects of this program in the Indy market?  

Surface mold can often be effectively cleaned off non-porous surfaces.

If the FED does what is says and slowly moves rates, this will have little to no effect on the mortgage industry, at least for the near term.  

I would like to provide insight on how to effectively birddog when getting started and facing similiar challenges.Here's an example of some of the topics:What is birddoggingWhy choose birddoggingHow can birddogging help me get started as an investorWhat do you need to start birddogging (Contracts, Closings, Negotiations)What are the steps you need to take in order to get started and be successfulMarketing TechniquesNetworking Techniques (How to find a Mentor)Goal SettingPlease let me know if there is a topic a Newbie have to know that I may have overlooked.