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MarketTicker Forums Read Message in Monetary
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User Info 30 Fixed and Housing Slowdown in forum [Monetary]
Nda
Posts: 714
Incept: 2007-06-26
Green
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Little over 60 days ago the 30 year fixed began its 1/2% rise. Houses closing now should be affected by the higher payments. From Freddie Mac site:

Date 30 yr fxd. int. rt. Points
4-Jan 6.18 0.4
11-Jan 6.21 0.4
18-Jan 6.23 0.4
25-Jan 6.25 0.4
1-Feb 6.34 0.4
8-Feb 6.28 0.3
15-Feb 6.30 0.4
22-Feb 6.22 0.5
1-Mar 6.18 0.4
8-Mar 6.14 0.5
15-Mar 6.14 0.4
22-Mar 6.16 0.4
29-Mar 6.16 0.4
5-Apr 6.17 0.4
12-Apr 6.22 0.4
19-Apr 6.17 0.5
26-Apr 6.16 0.5
3-May 6.16 0.5
10-May 6.15 0.5
17-May 6.21 0.4 x
24-May 6.37 0.4
31-May 6.42 0.4
7-Jun 6.53 0.4
14-Jun 6.74 0.4
21-Jun 6.69 0.5
28-Jun 6.67 0.4
5-Jul 6.63 0.4
12-Jul 6.74 0.4

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That willing suspension of disbelief for the moment, which constitutes poetic faith. - Samuel Taylor Coleridge
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