I’ve noticed a trend lately where more mortgage lenders are offering so-called discounts. While it’s still not as common as what you see in other industries, it’s happening more frequently. For example, Chase has run numerous mortgage rate sales of late. And the nation’s top lender, UWM, constantly runs pricing specials for its mortgage broker… Read More »Do Mortgage Discounts Even Matter?
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There’s been a lot of fear lately that mortgage rates could rise back above 7% or even higher this year. The driver being inflation related to $100+ oil, which increases the cost of just about everything. But the so-called “odds” are still pretty split with only a 50% chance they rise above 6.8%, this according… Read More »There’s Apparently Only a 50/50 Chance Mortgage Rates Rise Above 6.8% This Year
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