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Global Deals Review: Q4 2009

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US mortgage rates fell 1/8 point Thursday-BestInfo

Thu Oct 2, 2008 4:44pm EDT

NEW YORK, Oct 2 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points declined 1/8 percentage point to 6-1/8 percent on Thursday, according to BestInfo Inc.

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The 30-year mortgage rate with one upfront point dropped 1/8 percentage point to 5-7/8 percent.

The 30-year mortgage rate with two upfront points also fell 1/8 percentage point, to 5-5/8 percent.

The Mortgage Point Monitor is provided exclusively to Reuters by BestInfo, Inc., a Dover, Vermont-based provider of mortgage market analysis. (Reporting by Lynn Adler)

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