Home › Forums › Housing › More Subprime/Alt-A Pain Coming › Last Friday a lot of rate
Last Friday a lot of rate increases happened already, you see some posts regarding it on BO and the Grapevine
Here is one: http://forum.brokeroutpost.com/loans/forum/2/142984.htm
But there are many others. The other thing will be Fannie and Freddie requiring people with IO loans to be qualified at the fully indexed, fully amortized rate. That bomb drops July 22nd.
