To: RWR8189
And away we go. Did the housing market collapse yet?
9 posted on
06/30/2004 11:24:00 AM PDT by
RightWhale
(Destroy the dark; restore the light)
To: RightWhale
And away we go. Did the housing market collapse yet?Interest rates on mortgages have gone up one full point over the last six months (to about 6.5% on 30 yr. fixed), possibly in anticipation of this increase. Still selling like gangbusters, just longer marketing time and slightly slower price appreciation.
25 posted on
06/30/2004 11:32:51 AM PDT by
JimRed
(Fight election fraud! Volunteer as a local poll watcher, challenger or district official.)
To: RightWhale
And away we go. Did the housing market collapse yet? Mortgage rates typically are priced off treasury notes I believe, which have already been rising over the last 3-4 months.
28 posted on
06/30/2004 11:35:42 AM PDT by
Tennessean4Bush
(An optimist believes we live in the best of all possible worlds, a pessimist fears this is true.)
To: RightWhale
In other news, Capitol One has announced its credit card rate has risen to 47.9%
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