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Application process for loan is completed and I was preparing to lock then rates shot up. Does anyone have any thoughts on when we are going to be pushing 4.5 again or if we will?
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Also, I am definately not a mortgage person. I am just a average working girl. So, I may be totally off track on my thinking.
Yes I do know what it is suppossed to do. I guess I could take solice that our government has a done a great job with bailouts and probably work as good as the 1st stimulus plan, or the bailout of Bear Stearns, or AIG, or TARP 1...
I don't get not being able to lock without the appraisal. You should be able to lock when you apply.
Was that 4.5% at par or a 15 year loan?
Let's see, looking kind of hazy, but wait...
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