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Mortgage rates extended their streak of moving sideways near the most aggressive levels of the year yesterday. Although prices of mortgage backed securities were moderately weaker at the end of the day, lenders were not forced to reprice for the worse, leaving rates unchanged at the end of the day but...
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Following a flurry of mixed U.S. data today, markets will be interested to see if the employment situation in the country has deteriorated further. Markets will be looking at Thursday's initial jobless claims for the week ending Sept. 27 to address whether the downward trend has slowed. Initial claims...