Check it out. I guess I kind of knew this, but it is interesting to see the history. From 1935-1992 the basis is VHA rates. In 1992 they discontinued set prices for those, so the source is CFC.
So since 2001, we're at a pretty close to a historical low - which would drive prices up in any case. Then you add zero-down, ARM, neg-am etc etc etc and you are pouring fuel on the fire.
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Fixed mortgage rates - 1935 to today
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Fixed mortgage rates - 1935 to today
by deejayoh » Wed May 09, 2007 10:22 pm
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Re: Fixed mortgage rates - 1935 to today
by george » Fri May 11, 2007 5:47 pm
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