Quote:
Originally Posted by Pixel Shooter
typically the most competitive time for mortgage rates is the next 3mths. so hang in there.
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Risk is very high right now. I am not an expert by any means but people will be defaulting on everything from mortgages to basic monthly service fees. The banks will take every measure to protect themselves and make a profit. The government is offering loan protection so the banks have safe places to invest without risk. It may go lower but I wouldn't expect anything normal this summer.