Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Mortgage applications are still declining
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August 28, 2005
Mortgage applications are still declining
This is despite the still very lucrative interest rates that are kept in check by the retreating 10 Year Treasure Note. Last Friday its yield closed at just under 4.2% after climbing to 4.4% in first week of August.
30 year fixed mortgage rate was about 5.78% and 15 year fixed mortgage was at about 5.41% according to Mortgage Bankers Association.
Posted in Mortgages at August 28, 2005 08:56 PM
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Bad Credit Advisor online magazine provides daily news about credit, debt and mortgage. We aren't paid to mention specific deals or products. We cover what we think is interesting as industry professionals ourselves.
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- NatWest has new...
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- Identity theft ...
