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Mortgage Rates Maintaining Status Quo

Prices of mortgage backed securities held to a tight range yesterday, closing the day in essentially the same place they opened. The lack of volatility in MBS prices allowed lenders to keep mortgage rates near five month lows. Yesterday's main event, besides weakness in the dollar and record high...

Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Wed, Oct 7 2009

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