The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: nextrade! who wrote (14014)	9/28/2003 7:54:23 AM
From: nextrade!	Read Replies (1) of 306849

Bonds, where from here ? treasurestatefutures.com treasurestatefutures.com Mortgage rates drop for 3rd straight week bankrate.com By Holden Lewis • Bankrate.com Mortgage rates have fallen for the third week in a row -- something that hasn't happened since late May and early June. The benchmark 30-year fixed-rate mortgage fell 5 basis points to 6.01 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.32 discount and origination points. One year ago, the mortgage index was 6.03 percent. The 15-year fixed-rate mortgage fell 4 basis points to 5.33 percent. The one-year adjustable-rate mortgage fell 2 basis points to 4.07 percent.

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