As of 8/30/2023 – Base Rate Improvements (FINALLY)

Due to yesterdays JOLTS (Job Openings and Labor Turnover Survey) showing fewer job openings than expected and a softening of the labor market bonds rallied STRONG which generated a significant drop in rates yesterday followed by another one this morning.  There is still a lot of risk floating around with the pending jobs data report due out on Friday.   In the meantime here are the BASE RATES we currently have before FICO, LTV (Loan To Value) ratio, and DTI (Debt To Income) ratio overlays are added in …