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January Mortgage Rate Update
Last month, I wrote about the decline in mortgage rates during the latter half of 2006, noting that real estate might have fared worse if not for the tailwind provided by falling rates. 
As it happens, rates began to rise soon after that posting and they haven't stopped since. The last thing the housing market needs right now is an extended rise in mortgage rates. Of course, whether they continue to increase remains to be seen.
In keeping with the 2006 vs. 2007 comparison theme, I will note that rates are slightly higher now than they were a year ago. They are, however, still noticably down from their mid-2006 peaks.

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Bay-Front Meeting Postponed:
The port said discussion over the environmental study will take place another time.
Wednesday, January 24 -- 2:31 pm
Not For Sale:
The city removes the Linda Vista Village Mobile Home Park from its list of for-sale properties.
Wednesday, January 24 -- 10:58 am
CV Hires Charger Help:
The consultant will analyze possible stadium sites in Chula Vista on the Chargers' dime.
Wednesday, January 24 -- 7:46 am
SURVIVAL IN SAN DIEGOForeclosure Rates Soar :
Number of mortgage default notices sent to Californians last quarter reached highest level in eight years.
Wednesday, January 24 -- 11:32 am
LETTERS TO THE EDITORAbysmal Science Funding Climate:
Wednesday, January 24 -- 4:33 pm
CAFÉ SAN DIEGOMoney for Nothing :
Despite the dismal record of sand replenishment, Imperial Beach will push forward with a $14 million plan that one storm could ruin.
Wednesday, January 24 -- 12:33 pm
COMMENTARY: SLOPF Blank Blank Blank :
A revised transcript.
Wednesday, January 24 -- 10:20 am
COMMENTARY: RICH TOSCANOAngst in the New Era :
A few credit market insiders worry that reality will someday re-assert itself with a vengeance.
Wednesday, January 24 -- 11:43 am
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