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by e63f67dd-065b
719 days ago
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> Only one out of every ten prospective customers ends up taking out a mortgage, so higher prices fronted by mortgage bankers add up I read this as for every ten customers who get to a point where they get their credit pulled, only one of them end up closing on the mortgage (ie buying a house). Could be due to shopping around, negotiations falling through, or the other millions of reasons you could end up wanting to buy a house but not close the transaction. |
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