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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (26771)2/21/2005 9:50:02 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
This is stunning even accounting for the extra Sunday in January this year. Is this a rush to lock in the 5.37-5.50 30 years? Most mortgage companies are quoting 5.625% now. ARMS (w/o points) are now generally over 5.0%. Twenty northern Calf counties, hit building statistics, both traffic and sales:
biasup.org

NAHB housing index, traffic here judged as rather average:
meyersgroup.com

There's been an 11 bps spike in the one year Libor since Monday last week. The creditor cohort facing a March rate adjustment are now looking at 5.7%.:
libor-loans.com