Oct 18, 2012 2:29PM
Mortgage rates have been higher every day this week , with Thursday's losses matching the pace of the past few sessions. The overall difference in trading levels of the securities that underlie the mortgage market is fairly minimal, but because bond markets began the day moving into better territory, the afternoon weakness was fairly abrupt. Best-Execution recently moved up to 3.375% from a brief stay at 3.25% and are already close to 3.5% again, a level not seen consistently in more than a month...
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