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Mortgage Rates as of October 16, 2012

Mortgage rates continued higher on Tuesday, rising at a faster pace than Monday, and reversing two days of improvements at the end of last week. The change in rates versus yesterday had little to do with any market events during domestic hours. Rather, bond markets simply began the day in weaker territory and trading in the secondary mortgage market sustained those weaker levels throughout the day. Click here to Read More…

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