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Mortgage Rates Set Another Record Low, Housing Still Weak

    • Who can qualify for a mortgage now? Nobody making under 75,000.

    • Do you mean to tell me that there are people who still make over 75,000? What industries?

    • I first worked with “Official Refinance Website” more than a year and recently I refinanced my loan, again with Refinance. Both times I scoured the field for other options, and I found no-one better than Refinance. The process was very professional and straight forward; all estimates were in writing.

    • ‘record low’ for mortgage rates is a relative term. 10 year treasuries are 2.05%. Why are mortgage rates prices 2% higher, and why is that 2% spread pervasive throughout the market? Why aren’t some well capitalized lenders lending at a spread of only 1% or 0.5%? Loan rates closer to the 10yr yield would lower income requirements substantially and broaden the pool of buyers.

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