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NOTES ON MORTGAGES
Page Ahead In Time
Summer 1996

Interest Rate Trends

Phew... at least they aren't going straight up anymore. While the path of the economy remains in question, rates will hopefully remain flat. The recent jump in gasoline prices, strong employment, weak corporate growth... strong internet growth, are examples of conflicting indicators. Which way will the economy go? Well, as long as the markets keep trying to figure it out, rates should stay in a narrow trading range. Keep your fingers crossed.

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