Mar 29, 2020
10:05:57pm
10:05:57pm
Are the jumbos getting canceled because the rate that was locked is lower than
the bank will now honor?
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- MantiCoug
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- Manti
- Joined
- Nov 11, 2002
- Last login
- Apr 28, 2024
- Total posts
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10 year treasury back down - right now it's at .66% Plus, the Fed bought $183B of mortgages last week and is still
3/29/20 9:35pm
They are going down and that's the problem for some lenders. Some are getting crushed on their hedges. But with rates
3/29/20 9:39pm
It won’t happen. Investors and lenders will go broke and destroy the liquidity of the housing industry.
3/29/20 9:41pm
plenty of lenders are fine.. and their spreads are wide right now and the Fed is buying everything up... the healthy
3/29/20 9:43pm
They are not fine. If they think they are fine they are ignoring the industry wide issue. All lenders are at risk.
3/29/20 9:48pm
3/29/20 9:54pm
3/29/20 9:47pm
3/29/20 10:05pm
3/30/20 12:55am