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To: HereInTheHeartland

It’s on CNN Money, Wells Fargo increased their rate on Jumbo loans to brokers to 8% today.


14 posted on 08/03/2007 5:02:54 PM PDT by Mariner
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To: Mariner
I guess that’s good for me, they can come to the source (me) and get 6.875%.
We still need some products going through (good) brokers however, or our market share will take a hit.
Our product mix really hasn’t changed, yes things have tightened up standard wise.
Appraisers are being cautious, etc..

Interesting times.

17 posted on 08/03/2007 5:20:48 PM PDT by HereInTheHeartland (Never bring a knife to a gun fight, or a Democrat to do serious work...)
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