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Nathaly Burnett 253-732-9535     Email Nathaly

Mortgage Rates 07.18.12

Mortgage Rates moved lower today, bringing them yet again to new all-time lows. The interest rate environment was generally improved right from the start today as European benchmark rates hit all-time lows. What little economic data we received was not enough to nudge us off the trends set in motion overnight and by this afternoon, MBS (the “mortgage-backed securities” that most directly influence mortgage rates) hit their all time highs. Read more…

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