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re: Buyers Backing Out On Homes Due To New Rates

Posted on 4/1/22 at 11:15 am to
Posted by UAinSOUTHAL
Mobile,AL
Member since Dec 2012
4843 posts
Posted on 4/1/22 at 11:15 am to
quote:

They just started the process about three weeks ago we’re looking to lock in this week when their potential lenders hit them with north if 4.8% rates on a 30 year.


They better lock that 4.8% because it's going to be 7.8% by the end of the year or more
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