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Thursday, May 27, 2010

Rate Reprice Worse...

As anticipated we have just received a reprice for the worse... Below is a current rate sheet demonstrating updated pricing for prime borrowers.

All things considered our market does seem to have found its bottom for the day, and as you can see on this rate sheet the 30 year fixed is currently priced worse than I had anticipated in my last post - currently 4.625% is the new par rate... Let's hope the market holds here.

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