Yep. A freakshow in the mortgage business right now. I work for Countrywide Bank and today alone we've seen the lowest rates for quite some time.. and rates changes I've never seen before... it's only 3:45PM and we've had 3 price changes today.. for the worse in response to all the market volatility. Those that got lucky this morning locked in to a 30 Yr Fixed rate in the low 5% range... fingers are crossed the rates come down as fast as they went up today.No wonder I do triathlon! After days like these a little venting is required!
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