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Re:S&P 500 drops 9%, extending losses after 15-minute tradin... by mathieutd on Monday March 16, 2020 @10:11AM (#22592843)
Mortgage rates have moved surprisingly little. They usually trade at around a 2% premium over the 10-year government bonds for a 30-year fixed. Right now that would mean about 2.8% but my local bank quotes 3.5%. My guess is that spread is going to shrink over time but who knows. I'm waiting...
Re:S&P 500 drops 9%, extending losses after 15-minute tradin... by edoceo on Monday March 16, 2020 @10:23AM (#22592931)
It dipped last week, but popped back up from refi surge. I'm thinking to give a few weeks to settle. Hoping to see 3.0