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re: mortgage interest rates

Posted on 3/15/20 at 4:26 pm to
Posted by Jwodie
New Orleans
Member since Sep 2009
7218 posts
Posted on 3/15/20 at 4:26 pm to
So did the current cut slash rates by 100 basis points, or 1%? So refi rates should be sub 3% this week...? Any of you mortgage writers care to weigh in?
This post was edited on 3/15/20 at 4:27 pm
Posted by Dayman
Member since Sep 2015
715 posts
Posted on 3/15/20 at 4:29 pm to
quote:

Any of you mortgage writers care to weigh in?




Seems their insight last week was that refinance demand was so high that banks were keeping them above 3% as a matter of supply and demand.

I too am curious if this changes things.
This post was edited on 3/15/20 at 4:29 pm
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