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Mortgage Rates: What Happened Yesterday?
Published on March 25, 2010 by Robert Hyder under Mortgage Rate Trends and
Analysis
Mortgage Rates: What Happened Yesterday?
The mortgage industry witnessed to sharp rises in bond yields yesterday,
forcing mortgage lenders to alter pricing on at least two occasions mid-day.
As the bonds rose, Treasury yields reached their highest point since the
beginning of the year. Additionally, the 10-year Treasury yield reached its
highest level since June 2 |
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