Interesting facts, figures, charts, and statistics about the Mortgage Market
Friday, January 2, 2009
Weekly Mortgage Rates continue to drop
The rates on 30 year mortgages are close to crossing below 5% as we enter the start of 2009. And the spread between Jumbo loans and conforming loans continue to widen.
WSJ has published
an interesting article outlining how Mortgage rates on 30 year bonds could drop to 4.5% in 2009 as the government starts buying up mortgage securities.
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