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Post by ruralres66 on Oct 17, 2019 15:41:00 GMT
Be curious to know the length of the loan to get at least an indication if it is more likely to be a new loan (1 year duration) or a shorter loan due to a lender sell off. The match I had on the 1 year yesterday was for 13 months, although the end date was only 1 year and 2 days away. I have stopped trying to work out what is going on. Mine was also 13 months
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Post by bernythedolt on Oct 17, 2019 16:41:35 GMT
Confirming the above...
Yesterday, I submitted four small 'exploratory' sums to the 1yr market at 5.2%, 5.3%, 5.4% and 5.5%.
This morning the first three were matched, only the 5.5% remains queued.
All three were matched for nominally 13 months, ending 19/10/20, as others have reported.
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corto
Member of DD Central
one-syllabistic
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Post by corto on Oct 17, 2019 16:51:35 GMT
They may have put a single development loan on the 1y market that all that responded here were matched against.
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