Mortgage Rates:
30 Year Fixed:
6.80%
| 15 Year Fixed:
6.41%
| 1 Year Adj:
5.80%
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Long Term Rates Drop
"Lower rates may bring about a rise in refinancing activity as homeowners...
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Rise In Rates Is Gradual
"Mixed economic indicators are causivng some volatility in
financial markets.
..
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Inventories Swell
Inventories may have to more than double before prices begin to decline...
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