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What happened to mortgage rates today?
J Powell did his thing today. Every time this guy speaks, fortunes are made/lost. Would be nice to know what he's going to say before he said it yea? Anyway, rates got worse, but recovered from the day's lows so I guess that's a bright spot. I added 4 more sound effects for fun. Hope it helps. Links below!
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Derrick Evens, Home Loan Specialist, NMLS 155010
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VA mortgage rates, FHA mortgage rates, Conventional mortgage rates, JUMBO mortgage rates today
LINKS:
VIDEO with Dan Parker: https://www.youtube.com/watch?v=OTjlrwZg7Hw
https://www.cnbc.com/2022/04/21/powell-says-taming-inflation-absolutely-essential-and-50-basis-point-hike-on-the-table-for-may.html
https://www.cnbc.com/2022/04/20/the-price-of-a-home-sold-in-march-set-a-new-record-as-inventory-dwindled-and-sales-fell.html
https://www.forbes.com/sites/johnwake/2022/04/01/the-real-reason-house-prices-are-skyrocketing-what-the-real-estate-industry-wont-tell-you/?sh=5bda4d4a5da4
https://fred.stlouisfed.org/series/MORTGAGE30US
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