Sure. I'm glad folk are getting something out of it.
Did anyone hear about the effect on the interest rates that the stock market plunge last week had? A loan agent was telling me that numerous companies and divisions of mortgage loan companies are out of business. He was saying that the rates have gone up to 11-14% for some programs for the 20 part of the 80/20 setup. He also mentioned, however, that the rates went down to 5.75% for some loan programs if one has a credit score of 680 or better.
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Originally Posted by mulattogyrl
This is a really good thread. Thanks for starting it Summerchild!
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