With the recent spike in the 10-year bond price, I was curious if folks in the mortgage business have seen any changes in lock in rates / applications over the last few weeks? The ten year has spiking considerably recently thanks to a heavy sell off. I read in an aritcle that Jumbos were pushing 8%. Any truth to that?
http://online.wsj.com/article/SB124346921018160569.html
http://online.wsj.com/article/SB124346921018160569.html
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