Updated over 3 years ago on . Most recent reply
What happened to interest rates
I know rates have been climbing which I expected but on Monday I was pre-approved for a rate of 5.125. I call today to verify the rate before I make an offer and it shot up to 6% in just a few days. Does anyone know why the sudden sharp increase. This was for a SFH 30 year no points and good credit. It took the home from a marginal deal to a bad one, thankfully I checked but I was hoping for the opposite of it going down slightly with the yield curve inverting earlier in the week.
Most Popular Reply
You should call The White House but that guy wouldn’t know how to answer you anyways lol!