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Bankrate.com's 30-year average US fixed mortgage rate was at 6.5% yesterday, which is the highest it has been since April 2002. New highs for rates can't be tempting potential home buyers to pull the trigger.
July 23, 2008 at 05:38 PM in Interest Rates | Permalink
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Go back to 1980/81 an show the kids real high rates, 14%
July 23, 2008 at 08:23 PM
Bespoke - your posting on mortgage rates hitting new highs inspired me to do a little research on predicting changes in mortgage rates. Presages bad things for August.
Thought I'd send you folks a link:
Michael S |
July 24, 2008 at 11:56 AM
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