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Mortgage Rates Continue Higher Despite Market Stability

(Mortgage News Daily) - 9 months ago
 Posted To: Mortgage Rate WatchMortgage rates rose again today, even though underlying bond markets managed to indicate modest improvements. There are two reasons rates ignored those improvements. First of all, they weren't really intact at the beginning of the day when lenders were compiling rate sheets. Even then, most lenders were still in worse shape at the end of the day when bonds gave them the green light to offer lower rates. The other issue is that lenders had almost all repriced ne...
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