Monday, November 27, 2006

OC Register - "O.C. loan rates fall to 5.942% fixed, 4.396% adjustable" (11-26-06)

"The average rate on a 30-year fixed with a one-point fee slipped to 5.942 percent, National Financial News Services said. The introductory rate on a one-year adjustable fell to 4.396 percent with a two-point fee. The gap between the two rates narrowed to 1.55 percentage points, making fixed rates more attractive because they are less risky and don't cost much more."

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