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  • Suggest You - How do Lenders Set the Rates on Mortgages?

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    mortgage in the first place. Th
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    The simple answer to that is that lenders do not set the rates at all. All lenders do is approve and reject those who apply for the mortgage in the first place. The
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    I'm sorry to tell you this but there are so many people out there who, in comparison to you, are intellectual minnows and yet they are able to accumulate vast sums of money. How does that make you feel?t lenders do not set the rates at all. All lenders do is approve and reject those who apply for the mortgage in the first place. Th
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    all. All lenders do is approve and reject those who apply for the mortgage in the first place. Th
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    nd reject those who apply for the mortgage in the first place. Th
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    mortgage in the first place. The rates that mortgages go with are determined bit by the bank or financial institution but by the secondary market. This is the plac

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