Mortgage Blog

Rate was supposed to be lower.

February 8th, 2016 9:22 AM by Eric Fang

The jumbo program rates did not change much. For some loan programs, the rates were even slightly higher. For the conforming loan rates, we might need to wait a little bit since the bonds is up today, so we might see lower rates in the next a few days.

And it did happen before that the lenders wanted to close the current pipeline first, then they would be willing to lower the rates in the future if the market does not improve.
Posted in:General
Posted by Eric Fang on February 8th, 2016 9:22 AM



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