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  • Strong Earnings Pressure Mortgage Rates Higher

    Yesterday, prices of mortgage backed securities managed to regain some of the losses suffered at the end of last week which allowed lenders to offer better mortgage rates. After the closing bell, Intel reported better than expected earnings which caused a selloff in Treasury futures. Selling then intensified...
    Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Wed, Oct 14 2009
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