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National Average		%	Change
30 Yr FRM		3.87%	0.00%
15 Yr FRM		3.16%	0.00%
1 Yr ARM		2.84%	0.06%
5/1 Yr ARM		2.82%	-0.01%
30 YR		3.14%	0.00%
Fed Prime		3.25%	0.00%

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Business and Consumer Spending Drag on Domestic Output

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Business and Consumer Spending Drag on Domestic Output

Advanced estimates of Gross Domestic Product indicated output of goods and services produced by labor and property in the United States declined by 1.0% in the second quarter, marking the third straight quarter of GDP contraction....

Published Fri, Jul 07 2009 9:40 AM by Adam Quinones

Filed under: consumer spending, Advanced Q2 GDP

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Mortgage Rates:

30 Yr FRM 3.90%
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15 Yr FRM 3.26%
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Jumbo 30 Year Fixed 4.15%

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30YR FNMA 4.5 106-17 (-0-03)
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30YR FNMA 5.0 107-32 (-0-01)
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30YR FNMA 5.5 108-31 (0-01)

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NAHB Builder Confidence 16.00%

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