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A Quick Note

Chile's earthquake was 500 times stronger than the one in Haiti, yet it looks like the death toll will be a fraction of 220,000 people killed in that country. One reason - Chile's earthquake was offshore, and the Haitian quake was on the edge of population center Port-au-Prince.

But the BBC points out a second, possibly greater reason. Chile is a more prosperous country, with economic output per head of the population more than 10 times greater than Haiti. That has meant that buildings in general are better built, but Chile was also better prepared. People in Chile knew the safest places to go to when the earthquake struck.

We live in earthquake country. Do you know what to do when the big one strikes? We invite you visit a Red Cross advisory page to learn more about earthquake preparedness. Visit www.tinyurl.com/SFEarthquakeInfo

Market Update for San Francisco*
02/15/2010 - 02/22/2010

Mortgage Rates

Mortgage Rates as of  Tuesday, March 2, 2010
Conforming Loan Rates
30 Year Fixed	5.075%	« calculate mortgage at this rate
15 Year Fixed	4.467%	« calculate mortgage at this rate
10/1 Year ARM	5.076%	« calculate mortgage at this rate
Jumbo Loan Rates
30 Year Fixed	5.878%	« calculate mortgage at this rate
15 Year Fixed	5.339%	« calculate mortgage at this rate
10/1 Year ARM	5.881%	« calculate mortgage at this rate
Rates change daily and vary by product. They are provided here to give you a general sense of current average California rates. Your rate will vary and depends on credit and other factors. Rates are not published on weekends. Source: Topix.com