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Monday, November 3, 2008

Rate Trend Index 11/3/08

Oct. 30 - Nov. 3

This week, almost half of the panelists believe mortgage rates will rise over the next 35 to 45 days. Another 38 percent think rates will fall, and the rest believe rates will remain relatively unchanged (plus or minus 2 basis points).

Panel:

Up:46%
Down: 38%
Unchanged:16%