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durable orders

Mortgage Rates Hold Steady After Busy Week

Mortgage rates moved lower a few basis points yesterday after prices of mortgage backed securities steadily appreciated throughout the day. At 5pm, MBS prices were near their highest level in over 4 months. The main driving force of the move higher was a much weaker than expected existing home sales...

Posted to Mortgage Rate Watch (Weblog) by Victor Burek on Fri, Sep 25 2009

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