Mortgage Rates Message Board

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Strategies & Market Trends : Mortgage Rates

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To: saju chacko who started this subject	2/27/2002 6:46:31 PM
From: saju chacko	Read Replies (1) of 40

rates as of 02/27/02 from bloomberg.com Mortgage Rates Curr. 6 Mon 15 year mortgage 5.78 6.02 30 year mortgage 6.30 6.44 1 year ARM 4.78 5.45 these rates have recently gone down a lot in the last two months. there is one pending. i heard that there were record used home sales in january. so why are the rates headed lower? the fed is indicating a weak economic recovery which may be less than what was expected. also it was thought that the fed would be increasing rates in the near months, but now i am hearing that the rates might not be raised as much or at all for the next couple months. this might be of some use. Saju

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