A mortgage broker acquaintance of mine just told me that the volatility in rates Weds-Fri resulted in some weird dynamics - the 30-year fixed rates were coming in around 6.75%-6.9%, while the 5-year ARM rates were coming in around 7.2-7.3%. That just seems bizarrely counterintuitive. Y'all seeing or hearing anything like this?
@mammy44 is the only one i can remember that's in the business.
@mammy44 is the only one i can remember that's in the business.
