Bill Reflects on the Industry
Wanna talk interest rates? Good heavens, look at the following chart, courtesy of www.MoneyCafe.com. Winningham pointed this out to me (I believe he actually gets up early in the morning and studies this stuff). This is the one-year T-Bill (Treasury Bill) index that many mortgages are tied to. The current rate is just over one-quarter of one percent. Extraordinary.

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