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Mortgage Rates Drop to Best Levels in 2 Weeks

(Mortgage News Daily) - 4 months, 2 weeks ago
 Posted To: Mortgage Rate WatchMortgage rates moved lower today--somewhat significantly relative to recent examples--ultimately hitting the best levels in more than a week for most lenders. Trump's tariff announcement served as a catalyst for market movement in both stocks and bonds (which underlie mortgage rates). Investors currently view the proposed tariffs as something that would do more harm than good for the overall economy. Economic growth generally corresponds with rising rates, so a...
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