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Rates below represent an AVERAGE. Specific loan rates will vary depending on loan application parameters.
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    Tag: july 28 mortgage outlook

    Rate Update July 28, 2009

    Mortgage rates are unchanged from yesterday. As I explained in yesterday’s ‘rate update’ we are closely watching the level of foreign participation in this week’s US Treasury auctions.  Today there will be $42 billion in US T-bills sold to the market.  We wouldn’t surprised to see mortgage rates increase due to the additional supply of [...]