Opinion: Why we need a mortgage rate reset
Housing Wire
MAY 24, 2022
Multiple crops per year: Move-up buyers and refinancing. What if that one loan turned into three to six loans? They went to their bank and get a 30-year fixed rate loan. By 2004, they heard they could refinance, possibly get some cash out. Some went risky with a popular ARM loan and got a 6.5%
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