I'm doing some searching around and was talking to a friend who helped us get our loan awhile ago. In talking to her, she was saying to conventional loan rates have been falling, and currently stands around 5.75%. Meanwhile, i think jumbo's are still around 7.5%+.. I'm just wondering if anyone else is seeing this too.
If this trend continues and if we see 5 or even sub-fives, I'll have to motivate and refi from a jumbo to conventional.
Thanks. For reference, I was thinking 5.75 with 0 points. But this is getting interesting indeed. Perhaps more paranoia in the RE market and no one borrowing will be a good thing after all. Please sub-five conventionals, here we come, though I think it's more wishful thinking for now.
Thanks. For reference, I was thinking 5.75 with 0 points. But this is getting interesting indeed. Perhaps more paranoia in the RE market and no one borrowing will be a good thing after all. Please sub-five conventionals, here we come, though I think it's more wishful thinking for now.
Thanks. For reference, I was thinking 5.75 with 0 points. But this is getting interesting indeed. Perhaps more paranoia in the RE market and no one borrowing will be a good thing after all. Please sub-five conventionals, here we come, though I think it's more wishful thinking for now.
Thanks. For reference, I was thinking 5.75 with 0 points. But this is getting interesting indeed. Perhaps more paranoia in the RE market and no one borrowing will be a good thing after all. Please sub-five conventionals, here we come, though I think it's more wishful thinking for now.
Thanks. For reference, I was thinking 5.75 with 0 points. But this is getting interesting indeed. Perhaps more paranoia in the RE market and no one borrowing will be a good thing after all. Please sub-five conventionals, here we come, though I think it's more wishful thinking for now.
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