ouch…and to think a jumbo about 3 years ago was 5.5%
It’s hysterical. Loan agents still cold call me to try refinance. They were touting a great 5/1 at 6.5%ish…
One thing I look forward to. I hope it’s no longer to be sexy to be in the housing industry, so that annoying people will stop bugging me about refinancing, and I’ll stop receiving all this junk mail about new homes and refinancing. I get about 10 solicitations in the mail per week about new homes or refinancing.