Mortgage rates dropped to 5.12% today

Discussion in 'Economy' started by Chris, Nov 25, 2008.

  1. Chris
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    Chris Gold Member

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    Mortgage rates dropped to 5.12% today because the government bought $500 billion dollars worth of mortgage backed securities.

    Wow!
     
  2. sealybobo
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    sealybobo Diamond Member

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    shit! If they want us to buy homes, they need to make the interest rates
    3%.

    Or if they want me to come in and refinance, spend another $2k to refinance, they gotta offer me better than that.

    But I hope this helps people.
     
  3. DavidS
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    DavidS Anti-Tea Party Member

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    they Should Have Done This Months Ago!!!
     
  4. Chris
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    Chris Gold Member

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    I have about 25 buyers on my email list.

    I hope this shakes some people out of the trees.
     

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