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March 16th Market Update: Happy St. Patricks Day!
Sure, it’s a day early, but there’s no reason not to say it to all of those reveling in their Irish heritage. 
 
Rates have lowered over the past few days and unfortunately it’s in response to the devastating event in Japan.  Investors are worried about what situations like this will do to the global economy and that leads them to invest in ‘safer’ investments for the moment.
 
My thoughts and prayers go out to everyone who has been affected.
 
Rates: 30 year fixed at 4.75% and the 15 year at 4.00%, FHA: 4.50%: As always rates change with individual credit scenarios and programs, with credit in the mid 700s and a 20% down payment these rates are what you should be seeing.
 
 
Have a great week!
 
 
Thanks
 
Matt
 
Matt Royer
Mortgage Consultant, CMC | Homes Mortgage
NMLS# 366970
 

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