Posted by ME/NJ on 10/21/13 8:16pm
Msg #489024

Just spoke with a few people in biz

Another cause of slow down is rates. Right now it's 4.0-4.15 last week I closed 3 deals above 5%. Yeah that can throw a wrench in things.

Reply by frances arnone on 10/21/13 10:30pm
Msg #489043

At least you closed three deals

Reply by MW/VA on 10/22/13 8:32am
Msg #489067

All things are relative--rates are high compared to 3.0-3.5

from last year. These are still historically low rates!!!

Reply by snowflake/PA on 10/22/13 9:28am
Msg #489074

Agree with Marilynn. Rates are still historically low.

Purchase closings have been good to me recently.

Reply by HSH/WA on 10/22/13 12:22pm
Msg #489111

Re: How short sighted not to want

to get stuck with such a "high" rate as 4.5% to 5%. I can remember when you could have put a one in front of those numbers and trying to make it work for the BO.