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Mortgage Rates Improve

June 26th, 2009

The 5% Fannie Mae coupon improved 72 basis points this week slowly gaining back some of the losses we’ve taken over the past month.

For the first time since “Black Wednesday,” I locked several 30 year fixed loans at 5% including some FHA with a slight buy-down.

Let’s hope rates continue to drop through next week.

Related posts:

  1. Short term rates improved, 30 year rates are pretty much the same
  2. Could this be the end of low rates?
  3. Another ugly day for rates…and inflation is still coming
  4. Dare I say “Rally”?
  5. Are interest rates going to get lower than 4.5%?
Tags: | Category: Mortgage Rates

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