Wednesday, October 26, 2005

Mortgage Rates Up Again

Mortgage Rates up again this week.

Weekly Home Mortgage Rates

I'm starting to sound like a broken record. This weeks jump was rather impressive, up to 6.24% (national average). With bond yields jumping high in the past few days, and the FOMC policy announcement next week there is considerable pressure on rates right now. Perhaps Greenspans Conundrum is finally over.

Caveat Emptor,
Grim

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