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“What’s your rate?” Well, lower than last week. This week, we’ve seen pretty significant drops in rates across the board, bringing most lenders into their best rate week since September. On average, the past 3 days have seen rates improve by 1/8th. Compared to early November, this is about a 3/8th percentage point gain. Today would be an EXCELLENT day to reach out to any borrowers who decided to hold off on buying/refinancing and get them moving before rates shoot up again!

Beau Vermillion