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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Paul Kern who wrote (141976)8/20/2008 7:17:43 AM
From: Think4YourselfRead Replies (3) of 306849
 
Anyone look at their local mortgage rates lately? They have been moving up here. 6.5% plus half a point for a 30 year fixed conventional. Even the adjustables are running over 5.5%, plus points. That goes a long ways towards explaining the drops, especially in refis.

Yup, housing recovery right around the corner...
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