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Mortgage Rates as of November 6, 2012

Mortgage rates began the day only moderately worse off than yesterday’s latest offerings, but rose sharply throughout the day. In the late morning and early afternoon, bond market conditions deteriorated rapidly, resulting in most lenders recalling rate sheets to revise rates and fees higher at least once. Several lenders recalled rate sheets twice as markets trading in the secondary mortgage market continued to struggle. Click here to Read More…

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