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: Travis_Bickle who wrote (79090)	6/7/2007 12:18:27 PM
From: Smiling Bob	Read Replies (2) of 306849

Maybe HB pctg declines today can find parity with the 30 yr mrtg rate AP Rates on 30-Year Mortgages Jump Thursday June 7, 10:45 am ET By Martin Crutsinger, AP Economics Writer Rates on 30-Year Mortgages Jump to the Highest Level in 10 Months WASHINGTON (AP) -- Rates on 30-year mortgages rose for a fourth straight week, hitting the highest level in 10 months, as bond markets responded to strong employment growth. Mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.53 percent this week. That was up sharply from 6.42 percent last week and represented the highest point for 30-year mortgages since they averaged 6.55 percent on Aug. 10.

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