22
Dec
09

update

Rates still on their move upwards.  We’ve lost about 3/8 percent in the past two weeks.  There were some investors still holding onto the notion that the Fed will continue its mortgage-backed security purchase program but I think now they’ve all come to realize it just ain’t gonna happen.

You read it here first:  At the end of January, a conforming 30 year fixed rate will average 5.75%.

Advertisements

0 Responses to “update”



  1. Leave a Comment

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


December 2009
M T W T F S S
« Nov   Jan »
 123456
78910111213
14151617181920
21222324252627
28293031  

%d bloggers like this: