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Home » Mortgage Rate News & Updates » 2009 » November
The MBS market is showing a sharp trend reversal this morning.
Mortgage rate jump upwards on consumer confidence numbers and economic recovery comments from President Obama.
Mortgage rates continue last week's trend of ending higher.
Look for mortgage rates to return to a state of volatility after yesterday's upward spike.
Weak demand during today's treasury auction sends fear into the bond market, send mortgage rates upwards.
Mortgage rates get upward pressure as economic indicators are pushing up confidence.
Mortgage rates began the day with signals of lowering.
Following aggressive moves upward last Thursday and Friday, today's mortgage rates seem to be holding steady.