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To: be-baw

Home loan mortgages also. I am curious to see what this does to rates. Demand for homes is influenced by many things so how this affects the housing market I have not tried to think thru.


39 posted on 03/15/2020 2:23:58 PM PDT by nomorelurker
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To: nomorelurker

Home loan mortgages also. I am curious to see what this does to rates. Demand for homes is influenced by many things so how this affects the housing market I have not tried to think thru.


Who is going to buy a house when they can’t go to a restaurant? Nobody.


51 posted on 03/15/2020 2:26:40 PM PDT by lodi90
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To: nomorelurker

Banks are getting swamped with refi requests; not only are they hiring new people to do it, but they are deliberately listing rates that are too high on their homepage in an attempt to cut down demand.
For a brief instant last Monday I saw 10-year refi’s going for 2.4% APR for 740+ credit scores and (I guess) 30%+ LTV in Minnesota.


247 posted on 03/15/2020 5:51:03 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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