Thursday, June 30, 2011

MBA = average contract interest rate for 30-year fixed-rate mortgages decreased to 4.46 percent from 4.57 percent

[mEDITate-OR:
wonder what the crisis...
you know The One...
the Greek bailout, or not, crisis
or the Budget Deficit crisis for U.S.
You pick one for yourself.
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Disirregardless, "crises" usually mean a run towards "safety" in 10yr TBills.
That should drive RE mortgage rates down, again.
"To be, or not to be; that is the question."
Did Shakespeare say that before or after he told U.S. to kill all the lawyers?
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Reading Rates: MBA Application Survey – June 29 2011
http://paper-money.blogspot.com/2011/06/reading-rates-mba-application-survey_29.html
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Fixed mortgage rates steady near yearly lows
Bellwether 30-year fixed rate up slightly to 4.51 percent
http://www.msnbc.msn.com/id/38770102/ns/business-personal_finance/
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