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Strategies & Market Trends : Mortgage Rates -- Ignore unavailable to you. Want to Upgrade?

To: saju chacko who wrote (26)	6/17/2001 11:58:30 PM
From: tcd	Respond to of 40

thanks for the reply.

To: saju chacko who wrote (26)	11/4/2001 11:56:48 PM
From: saju chacko	Read Replies (1) \| Respond to of 40

fed continues to cut rates. nov 6 is supposed to cut 50 bp. then on dec 11 maybe another 25 bp. currently from bloomberg, these are the rates: 15 year mortgage 5.64 30 year mortgage 6.11 with the above coming cuts, we might see the 15 yr at 5.00 by mid jan 2002. i hope so. i wonder if my new ggi idea will be accepted. it could be the start of a new plan. it's going to take some patience and planning. good luck to yourself Saju. Saju