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Tuesday, March 21, 2000

Week of March 20, 2000

Date: Time: Event:
March 20
10:00 a.m.
1:00 p .m.
Monthly Budget Statement
Treasury conducts weekly auction of 3 & 6 month T-bills
March 21

9:00 a.m.

10:00 a.m.

2:00 p.m.

2:15 p.m.

BTM-Schroders report on retail sales activity
U.S. International Trade in Goods & Services
Johnson Redbook Report on retail sales
Federal Open Market Committee concludes its policy meeting

March 22 - No Reports Scheduled for Release
March 23

8:30 a.m.

Weekly Unemployment Claims
March 24
8:30 a.m.
Durable Goods Orders (advance)
Release times are Eastern Standard Time

NATIONAL AVERAGE MORTGAGE RATES
Loan Program Current rate Chg from previous
30 Yr Fixed Rate 8.136%       -0.014%
15 Yr Fixed Rate 7.794%       +0.024%
15 Yr FHA Loans 8.083%       -0.26%
30 Yr FHA Loans 8.445%       -0.060%
30 Yr VA Loans 8.145%       -0.105%
15 Yr VA Loans 8.407%       -0.025%
1 Yr ARMs 6.696%       -0.097%
3/1 Yr ARMs 7.566%       -0.072%
7/1 Yr ARMs 7.981%       +0.038%
30 Yr Jumbo Loans 8.435%       -0.116%
15 Yr Jumbo Loans 8.104%       +0.024%
7/23 Balloon 7.967%       +0.052%
5/25 Balloon 8%       +0.125%
10/1 Yr ARMs 8.14%       -0.001%
1 Yr Jumbo ARMs 6.695%       -0.019%
1 Yr COFI ARMs 4.483%       -0.147%
5/1 Yr ARMs 7.788%       -0.077%
Based on 0 Discount Point Loans
Information collected on
March 20, 2000 by
Mortgage Market Information Services
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