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CURRENT LIBOR RATES LIBOR & Other Rates Updated 6/27/2008 This week Month ago Year ago 1 Month LIBOR Rate 2.48 2.38 5.32 3 Month LIBOR Rate 2.81 2.64 5.36 6 Month LIBOR Rate 3.19 2.85 5.38 1 Year LIBOR Rate 3.55 3.07 5.45 Article=>  Beware of Annuities

Bond Buyer's 20 bond index is a daily publication known as the "Red Book" that features statistics and index figures relative to the fixed income markets. This index tracks the prices of a selected group of municipal bonds.  The index is used to set the cost of municipal debt and helps indicate the direction of municipal bond prices, but otherwise has little impact on most ordinary investors. "Call Money" is the interest rate charged by banks to brokers for money used to finance investors' margin loans.  It is is the benchmark rate for what investors pay to buy securities on margin. A service charge or markup is typically added by the broker. FNMA 30 yr Mtg Com del 60 days:  FNMA is short for "Federal National Mortgage Association" often called "Fannie Mae."  Fannie Mae is a corporation created by Congress to support the secondary mortgage market.  Fannie Mae purchases Federal Home Administration, Veterans Affairs and conventional mortgages from primary lenders and sells them to investors big and small.  The index measures mortgage commitments (Mtg Com) for delivery (del) within 30 to 60 days.  The number quoted is the required net yield on mortgage loans that lenders sell to FNMA, which in turn sells them to investors.