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Rates below represent an AVERAGE. Specific loan rates will vary depending on loan application parameters.
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    Tag: feb 4 2010 MBS

    Rate Update February 4, 2010

    Mortgage rates are slightly better this morning.  Fixed mortgage rates have now remained at the 4.875%-5.00% level since mid-January.
    Whenever we see mortgage rates remain within a tight range for an extended period of time we grow increasingly concerned about a “break-out” which is when MBS prices move acutely in a short-time frame.  The catalyst for [...]