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Lowest Mortgage Rates in Several Weeks

(Mortgage News Daily) - 11 months, 2 weeks ago
 Posted To: Mortgage Rate WatchMortgage rates finally did what they were supposed to do today. Specifically, they fell in response to bond market improvement. That's the way it should be, but over the past two days the typical relationship between bonds and mortgage lenders' rates has been a bit inconsistent due to the timing of market movement throughout the day. On Tuesday, bonds weakened throughout the day. This would normally coincide with rates moving higher, but the bond market we...
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