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Lock/Float Strategy Successful. Mortgage Rates Lower

Although the market briefly tested the reliability of our lock/float strategy on Monday ("lock at the price highs, float at the price lows"), mortgage-backed security prices are returning to the confines of our comfort zone...also known as "THE RANGE". Following the seemingly bottomless...

Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Wed, Oct 28 2009

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