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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (11078)	8/26/2004 10:41:46 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Times to come Very interesting article from Northern Trust He is correct but I think his timing is off by perhaps 7 years (when OZ saves the world with energy innovation) Yes I am serious If not that them something else In the meantime party on dudes (if you call deflation a party) northerntrust.com

To: mishedlo who wrote (11078)	8/27/2004 8:40:11 AM
From: Pogeu Mahone	Respond to of 116555

Mortgage Rates Increase By THE ASSOCIATED PRESS Published: August 27, 2004 ASHINGTON, Aug. 26 (AP) - Mortgage rates rose this week, although 30-year mortgages were still below the 6 percent level for a fourth week, Freddie Mac said Thursday. The latest nationwide survey showed that rates on 30-year, fixed-rate mortgages were 5.82 percent for the week ended Thursday. That was up slightly from the average rate of 5.81 percent last week. For 15-year, fixed-rate mortgages, rates rose to 5.21 percent, from 5.19 percent last week. Rates on one-year adjustable rate mortgages increased to 4.05 percent, compared with 4.01 percent last week. A year ago, rates on 30-year mortgages averaged 6.28 percent with 15-year mortgages at 5.60 percent and one-year adjustables at 3.84 percent.