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Same Story: Mortgage Rates Steady Near 5 Month Lows

A steady rally in benchmark Treasury yields yesterday helped prices of mortgage backed securities move to five month highs which allowed lenders to keep mortgage rates near five month lows. The major event that took place in the rates market yesterday was the Treasury auction of $20 billion in 10 year...

Posted to Mortgage Rate Watch by Victor Burek on Thu, Oct 8 2009
Filed under: Filed under: mbs, jobless claims, ben bernanke, fed, continuing claims

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Browse Blog Posts by Tags

Same Story: Mortgage Rates Steady Near 5 Month Lows