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    Tag: sept 2 2010 mortgage rates

    Rate Update September 2, 2010

    Pricing on mortgage rates are modestly worse this morning. Mortgage-backed bonds (MBS’s) are under selling pressure again this morning which is threatening to push rates higher.  In a possible pre-cursor to tomorrow’s all-important monthly jobs report the Labor Department reported earlier that weekly jobless claims declined by more than expected.  This is good news for [...]