Although this can't be said for every lender, mortgage rates snapped immediately back to recent lows following the election results . The election's effect on rates was in the spotlight over the past 3 days with yesterday's rates rising severely as markets accounted for the possibility that current "interest-rate-friendly"administration could be unseated. As the election results gained clarity overnight, interest rates in broader bond markets were already declining . By the time the Secondary Mortgage...
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