There’s no rates in the 3’s that don’t come with a lot money to bring to the table. The private money pulled out the secondary market and most lender put very conservative overlays in place. Some lenders will not let you lock on rates and floating you to the end. Government loans (fha/va/usda) damn near non-exsistent with how conservative the lenders are being w overlays (rightfully so). Non-Qm deals gone and some loans that were set to close didn’t because all lenders pulled out. Also, Jumbo loans on big hiatus too with lenders