http://blownmortgage.com/2008/02/27/mortgage-refinance-applications-down-30-interest-rates-up/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 http://blownmortgage.com/2008/02/27/mortgage-refinance-applications-down-30-interest-rates-up/comment-page-1/#comment-10314 Al McClure Wed, 12 Mar 2008 16:44:03 +0000 http://blownmortgage.com/2008/02/27/mortgage-refinance-applications-down-30-interest-rates-up/#comment-10314 I think this bump in interest rates is a scare tactic to get people to lock-in a high rate. The 30 yr bond prices are high which drives interest rates but the yeild is low. The bond traders don't buy bonds at these prices to lose money. The yield has to rise which means the interest rate has to fall. Thats my story and I'm sticking to it. I think this bump in interest rates is a scare tactic to get people to lock-in a high rate. The 30 yr bond prices are high which drives interest rates but the yeild is low. The bond traders don’t buy bonds at these prices to lose money. The yield has to rise which means the interest rate has to fall. Thats my story and I’m sticking to it.

]]> http://blownmortgage.com/2008/02/27/mortgage-refinance-applications-down-30-interest-rates-up/comment-page-1/#comment-10051 Brent Thu, 28 Feb 2008 14:08:00 +0000 http://blownmortgage.com/2008/02/27/mortgage-refinance-applications-down-30-interest-rates-up/#comment-10051 well not so fast... FNMA 5.5% Bond is up over 100 bps in the past 2 days.. pricing will improve!! for us Brokers we will be back at 5.75% or better today on a $200k plus loan so FLOAT IT!!!! well not so fast… FNMA 5.5% Bond is up over 100 bps in the past 2 days.. pricing will improve!! for us Brokers we will be back at 5.75% or better today on a $200k plus loan so FLOAT IT!!!!

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