Mortgage rates dropped to 5.12% today

[Chris]

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

Wow!

 

[sealybobo]

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

Wow!

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.

 

[DavidS]

mortgage Rates Dropped To 5.12% Today Because The Government Bought $500 Billion Dollars Worth Of Mortgage Backed Securities.

Wow!

they Should Have Done This Months Ago!!!

 

[Chris]

I have about 25 buyers on my email list.

I hope this shakes some people out of the trees.