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MORTGAGE RATES

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Mortgage Rates Tick Higher Ahead of Jobs Data. 4.50% Floor is Firm

Benchmark Treasury rates rose yesterday as fixed income investors continued to take profits following the "flight to safety" rally that took place after the Dubai story hit news wires last Wednesday. Consequently, mortgage rates suffered as prices of mortgage backed securities moved significantly...

Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Thu, Dec 3 2009

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