[83-911SC cab]

The mortgage company I use to check rates has been showing the rate on a 30 year conventional to bounce from 5% to about 5.5% daily.... I know they say the prime does not affect the Mortgage rates because they are set by traders/ investors somehow?

I find this hard to believe as the Mortgage lenders are borrowing their money from someone and it ain't the guy living next door!!!

I guess this is why I will be working for a long time coming..