Good Morning!
Guidelines are tightening up. (what some could qualify for yesterday - they can't today).
Some companies have just stopped funding loans for the time being. The reason is these companies are dealing with a shortage of short term cash. This is contributing to rates being much higher than the market movement would suggest.
I don't think this even begins to move in the right direction until people start going back to work.
Hopefully that happens in weeks, and not months.
Until then we all just have to keep trying to help each other where we can, and stay positive.
Some companies have just stopped funding loans for the time being. The reason is these companies are dealing with a shortage of short term cash. This is contributing to rates being much higher than the market movement would suggest.
I don't think this even begins to move in the right direction until people start going back to work.
Hopefully that happens in weeks, and not months.
Until then we all just have to keep trying to help each other where we can, and stay positive.
That's it for today.
Thanks for reading!
Brett
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