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Updated over 12 years ago on . Most recent reply

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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
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3% rates??

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

OK- All you financial gurus. Will 30 year,90%, owner occupied loans hit the 3's or bump into the 5's first? Time to go "on the record" with your crystal balls. Rich

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Ophelia Nicholson
  • Involved In Real Estate
  • Hyattsville , MD
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Ophelia Nicholson
  • Involved In Real Estate
  • Hyattsville , MD
Replied

Bryan,
I think you are right but at the same time, the best borrowers probably aren't getting a 90% loan. I think the published rates are some how misleading because they don't tell you that those are just the base and once you get into the picture of the actual person, diffrent credit scores have diffrent bumps, diffrent ltv's have diffrent bumps to the rate and so on.

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