Mortgage rates held their ground for the most part, though some lenders were slightly weaker when the day's first round of rate sheets came out this morning. The somewhat bumpy morning eventually leveled off into the afternoon before getting a significant dose of positivity from a well-received 30yr Bond Auction. As we often note, although US Treasuries are NOT directly linked to mortgage rates, they do tend to move in the same direction most of the time. The Mortgage-backed-securities that ARE directly...
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