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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	9/5/2001 4:20:48 PM
From: Softechie	of 37746

Home Mortgage Rates Home Mortgage Rates NORTH PALM BEACH, Fla. (AP) -- Average mortgage rates for single-family homes in the 10 largest metropolitan areas as of Sep. 5 as compiled by bankrate.com. The rates are for 30-year, fixed-rate mortgages for 80 percent of the value of the house. A point is a one-time fee equaling one percent of mortgage. Sep. 5 Prev. Wk percent+points Boston 6.94 + 0.77 6.95 + 0.77 Chicago 7.08 + 0.13 7.07 + 0.14 Dallas 6.84 + 0.84 6.80 + 0.84 Detroit 6.84 + 1.00 6.79 + 1.00 Houston 6.95 + 0.72 6.94 + 0.75 Los Angeles 6.93 + 0.78 6.90 + 0.75 New York 7.08 + 0.00 6.94 + 0.04 Philadelphia 7.01 + 0.13 7.00 + 0.13 San Francisco 6.89 + 0.75 6.86 + 0.76 Washington 6.87 + 1.09 6.75 + 1.00 National Avg 6.94 + 0.62 6.90 + 0.63 ------ NORTH PALM BEACH, Fla. (AP) -- bankrate.com's national average for a variable rate new 1-year adjustable mortgage, based on a 30-year loan for 80 percent of the value of a single-family house. Sep. 5 Prev. Wk percent+points Average 5.91 +0.55 5.92 +0.54

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