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Matt Cantrell
Matt Cantrell

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"Locked in at 4.875% today with .2 back on a 60 day at US Bank. They were at 4.75% on a 45 day lock."    View Comment
"I am fairly certain that the mortgage rates are going to crash any form of a housing recovery. In premarket trading, yields are already up to 3.67 on the 10 year. If this continues, are the people on the fence for refinancing will back off and anyone looking at buying will be thinking twice due to higher rates. Even though are historically low rates, it is a cause for concern."    View Comment
"I just read an artice on cnbc that they are looking at announcing the adjustments to Freddie and Fannie next week. Among the key changes proposed will be an increase in the cost of monthly mortgage insurance on all government back loans, a reduction in the maximum loan size guaranteed by the government from $729,750 down to $625,000, and finally a demand that the government back less than 50% of the mortgages in thr industry. Currently, the government is backing 95% of all new loans. Makes me wonder..."    View Comment
"OUCH!!!!!!!!!!!!!"    View Comment
"The issue is that even with all of this happening, no real response has been given by our government as to how they tackle the growing deficit and ensuing interest. Instead of focusing on that as a way to keep rates lower and keep our country slowing recovering, they decide to give people without jobs for two years another year to sit on their asses. To boot, they decide to give everyone and "extra" two percent in their pocket by raiding sociK security, which is also in default in the not..."    View Comment
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