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Mortgage Rates Start Strong, But End The Day Higher

(Mortgage News Daily) - 1 years ago
 Posted To: Mortgage Rate WatchMortgage rates ended higher today, after financial markets reacted to developments in last week's tariff-related news. Last Thursday, stock prices and interest rates fell in response to the tariff announcement because investors figured it ran the risk of doing more economic harm than good. In general, economic weakness/risks/fear tends to push rates lower. Today, congressional leaders made statements that effectively opposed the tariffs as written. In fact, one...
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