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Thursday, March 11, 2004

The upside of a sluggish economy

Mortgage rates slide:
    Mortgage rates dropped sharply this week, with the one-year adjustable rate mortgage hitting a record low, as a weaker-than-expected payroll report lowered the chance that the Federal Reserve will raise interest rates in the near future.

Thirty year fixed at 5.4% ? 1 year ARM at 3.41% ? It's time to refinance, baby.

Where Do I Sign?!

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