Due to the economy’s weakened confidence in home buying and selling, there was a 3.1% drop in Fannie Mae’s HPSI last month. The Index fell to 85.2 in October.
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• 15 year (FRM) rates at 3.25% (0.00%)
• FHA 30 year Fixed rates at 3.50% (0.00%)
• Jumbo 30 year Fixed rates at 4.12% (0.00%)
• 5/1 ARM rates at 3.15% (-0.01%)
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