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For mortgage rate watchers and interest rate shoppers, last week was rewarding. Lenders were able to offer progressively lower mortgage rates as prices of mortgage backed securities moved higher and higher over the course of the week. By Friday lenders had passed along the best rates of 2010. Improvements...
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After dropping 3.06% to begin the week yesterday, S&P 500 futures are moderately higher before Tuesday’s opening bell. Twin releases from the real estate market will help determine if those gains can be extended upon. The monetary policy meeting from the FOMC begins this morning but no announcements...