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re: mortgage interest rates

Posted on 3/15/20 at 4:29 pm to
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
Posted by bbvdd
Memphis, TN
Member since Jun 2009
25146 posts
Posted on 3/15/20 at 4:50 pm to
Mortgage rates will remain higher until banks and mtg companies are able to catch up with their massive influx of refi's
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