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MORTGAGE RATES

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Mortgage Rates Back in the Range After Bad Day for Bonds

Mortgage rates rose yesterday after a better than expected advance read on third quarter GDP sent benchmark yields higher early in the trading session. Making matters worse for the fixed income sector was a recovery rally in stocks and a 1pm Treasury auction. As explained in previous posts, added supply...

Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Fri, Oct 30 2009

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