Thursday, November 13, 2008
11/13/08 Market Update
30 year fixed rate
6% @ 1 point ( 6.205% APR )
30 year fixed FHA rate:
6.25% @ 1 point ( 6.46% APR )
Today's News
Mortgage applications up 11.9% last week: MBA
Consumers took advantage of lower mortgage rates last week, with the pace of mortgage applications filed rising a seasonally adjusted 11.9% compared with the prior week, the Mortgage Bankers Association said Thursday.
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