Mortgage broker accused of bait and switch

[Anonymous]

http://seattlepi.nwsource.com/business/343911_broker18.html

State regulators have accused a Kirkland-based mortgage broker of bait and switch advertising, alleging that it promised a 1 percent mortgage while actually charging higher rates.

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[Anonymous]

WAMU tried this on me just last month.

They locked me in at 6.5 than called me a couple of days later and said "we have to counteroffer our rate to 7.25"