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[quote=Anonymous][quote=Anonymous]Looks like rates have dropped a bit recently. If Fed lowers the interest rate in 2 weeks are we going to see even further drop? Are big banks the best place to look for lower mortgage rates? I have got good quote from Chase, but not sure about others like Citi or BOA, or local banks? [/quote] Last time we had a Fed rate drop, mortgage rates did not drop further afterwards - the dropped rates had already occurred anticipating a rate drop. [/quote]
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