spiked the first half of the week. All sorts of anxiety and panic. Then they tumbled to end the week. with three capital markets Re pricings on Friday alone, which took us right to where we started, back in the high 2’s. That said, it Looks like we touched bottom on rates. You fucked up if you didn’t refinance And kept your 3.50%+. Bidding wars for houses under $800k continue red hot as buyers lose all restraint and self control. anecdotal Evidence of buyers waiving all contingencies and paying well above asking price. Basically bending over for the Sellers to do as they wish.these same folks will pronounce themselves victims a short time from now and will stop paying their mortgages, the whole time screaming for a loan mod. Biden will oblige, loan mods and short sales v2.0 . Can’t wait! vultures (me) are on the sidelines waiting for the carnage to begin and start scooping up deals. Like your ultimate demise, just a matter of when and how. As for me, my plan is to never die. So far my plan is working great!