Wednesday, September 29, 2010

30-Yr Mortgage Rate Nears 3.875%

30-Yr Mortgage Rate Nears 3.875 Percent


Mortgage-backed securities prices, which drive mortgage rates their opposite, posted gains Monday and Tuesday consecutively, pressuring mortgage rates to move downward again from already record low levels where they began the week.

Full Story: http://realtytimes.com/rtpages/20100929_rateupdate.htm

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