oneyear adjustablerate mortgages: Interest Rates Drop - Where are the buyers - 08/20/08 07:32 PM
Previously, Mortgage Banker Association announced a sharp drop in mortgage applications.
However , what was surprising about the drop was that there has been a drop in interest rates as well.
According to a the MBA ,
"The average rate for traditional, 30-year fixed-rate mortgages fell to 6.47 percent during the week (0 comments)
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