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MORTGAGE RATES

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Mortgage Rates Near Record Lows. Locking on Application. Econ Data Recap

Rates rallied yesterday following a strong 5 year note auction. This helped pave the way for higher MBS prices and lower mortgage rates. By day's end MBS were testing historic price highs and lenders were repricing for the better. To remind readers, as MBS prices move higher, lenders are able to...

Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Wed, Nov 25 2009

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