Mortgage Blog

Two Reasons for the rate going up

August 11th, 2011 8:34 AM by Eric Fang

1)Job Data is good. Stock bounce back.

2)Lender pipeline management. The lenders all have enough loans for the next two months. The interest rate went up 0.125% to 0.25% for almost all fixed programs.

Posted in:General
Posted by Eric Fang on August 11th, 2011 8:34 AM

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