June 23rd, 2011 9:24 AM by Eric Fang
A lot of people may think the rate should teh rate shouldgo down along with the market. But it actually did not.
The only reason for this is that there are hug gaps between 30 yr fixed 4.375% and 4.25%. We will get that level with another two days down market like today.Otherwise, it will be hard. But the good news, smallloans might be able to get those rates.
I expect 15 yr fixed may go down a little bit more in the next a few months.