Mize, quoting Scott Senner of FCB of Edmond on how talk of another bail-out that would lower rates is affecting would-be buyers here...
I can tell you right now, that they will need to do something, either a yea or nay, immediately,” Senner said Friday. "I have already had several calls in the last few days from borrowers wanting the new 4.5-percent interest rate they read about. Since this proposal is in the public eye, people will hold off doing anything because they think it is a done deal and, as far as I know, it is just a proposal at this point...