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  • Stock Rally Pushes Mortgage Rates Higher

    Mortgage rates started to rise yesterday as stock markets rallied from an eight session low. While only a few lenders repriced for the worse, mortgage-backed securities prices were led lower by an increase in benchmark Treasury yields. This set the stage for lenders to increase mortgage rates this morning...
    Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Tue, Apr 20 2010

  • MBS MORNING: Classic Buy Rumor Sell News

    The yield curve steadily steepened overnight as market participants took defensive positions and consolidated profits ahead of the Goldman earnings release. Since yesterday afternoon, 2s. vs. 10s have increased 10bps to 251bps as money jammed into the front end of the yield curve, pushing the 10 yr note...
    Posted to MBS Commentary (Weblog) by Adam Quinones on Tue, Jul 14 2009
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