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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (8031)1/9/2003 12:23:39 PM
From: Jim McMannisRespond to of 306849
 
RE:"Meanwhile a small up tick in mortgage rates always creates a surge in refinancing as people try to lock in before rates rise much further."

This is true but if the the tide turns look for lenders to rachet up rates so fast it will only allow a short window.



To: GraceZ who wrote (8031)1/9/2003 12:37:20 PM
From: Les HRead Replies (1) | Respond to of 306849
 
also trying to get in another refi before the change in rules next month.