Mortgage Rates Still Holding Tight Range
August 28, 2009 · Posted in Latest Interest Rates
Mortgages rates made modest improvements after prices mortgage backed securities managed to rally for a second straight day yesterday. Although MBS prices fell following some better than expected economic data data early in the session (S&P home price index and consumer confidence), mortgage backs recovered after the 2 year Treasury note auction and many lenders repriced for the better. …(read more)
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