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Mortgage Rates Hold Ground Amid Market Volatility

(Mortgage News Daily) - 1 months ago
 Posted To: Mortgage Rate WatchMortgage rates were unchanged to slightly lower today. Political drama in Europe pushed stocks lower overnight and sent investors toward safer haven assets like bonds. Higher demand for bonds pushes rates lower, all things being equal. All of the above meant a stronger start for bond markets and slightly lower mortgage rates this morning. Still, the average improvement was so small that it was barely noticeable, largely because bonds had weakened yesterday afternoon...
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