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    Tag: march 11 2010 lock or float

    Rate Update March 11, 2010

    Mortgage rates are mostly unchanged this morning. The bond market is bracing for today’s $13 billion 30-yr bond auction by the US Treasury.  Both the 3-yr and 10-yr auctions drew strong demand earlier in the week but the longer duration of this issue has analysts concerned that there won’t be sufficient demand.  If their trepidation [...]