I am in the middle of doing a cash out now. A drop in the Fed generally raises the mtg rates I was offered 6% at the end of the day today, but I am still holding out.
When the full point Fed drop was rumored yesterday, my offer went from 5.875% to 6.25% just like that. From what I have heard, some stuff is happening at the white house level to help us refi guys out....
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2008 Aurora Grace - 5/11/08 - 6lbs 13oz
2007 Jango - male bull terrier
2006 Mercury Mountaineer
2006 LE Hayabusa
2005 ZX6R
2003 F250 7.3L
2000 Ford Lightning
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