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Mortgage rates were down nearly 50 basis points week-over-week (.5%) as the Fed cut borrowing rates and pumped a whole bunch of “dollars” in to the financial markets to improve liquidity. Such a massive swing shouldn’t be taken as a trend, as rates have been all over the board in recent weeks. As we learned in the past y…
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20 March, 2008| housingblogs |
@ 16:11
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