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Mortgage Rates Report: October 17, 2007

Recommendation Change: It's time to start floating those loans! We should be watching mortgage rates drop lower these next 3-7 days.

Do not lock in your mortgage rate at application; lower rates may be here next week.

Two big numbers came out today:

1- Core CPI- That's the inflation number without the oil and food prices figured in, was lower than expected. This means that prices of goods and services are feeling the pinch of higher oil and food prices

FULL REPORT

Posted by Brian Brady- America's VA Home Loan Broker on 10/17/2007 07:36 PM

Comments (4)

mortgage rates report, americas 1 mortgage rates report

Originally posted at: America's #1 Mortgage Broker: Mortgage Rates Report: October 17, 2007

This post has been included in California Information

4 Comments on Mortgage Rates Report: October 17, 2007

OCT

2007

Interesting. Let's see what Matthew says.... I'll be standing by.

Ah, good news and better advice. Thanks Mr. BB

OCT

2007

Brian.. Sounds good.. where do you see Jumbo loans.. will we see any lowering of rates for my market?

Coming down, slowly, Kaye. Wall Street flinched.

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