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MORTGAGE RATES
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Paulson Unveils Phase Two of TARP
Delivering an update to the Troubled Asset Relief Program (TARP) , U.S. Treasury Secretary Henry Paulson said that purchasing troubled assets - the original intention of the $700 billion rescue package - is not an effective use of the program. "It was clear to me by the time the bill was signed...
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View More at the Market Data Center
Mortgage Rates:
30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%
MBS Prices:
30YR FNMA 4.5 106-20
(-0-06)
|
30YR FNMA 5.0 108-01
(-0-05)
|
30YR FNMA 5.5 108-30
(-0-03)
Recent Housing Data:
Mortgage Apps
-1.01%
|
Refinance Index
0.83%
|
NAHB Builder Confidence
16.00%
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