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Interest Rate Predictions, Week of February 16, 2010
Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise.
Posted in Weekly Review Also tagged fha mortgage rates, FOMC Minutes, Loan for First Time Home Buyers, Mortgage Rates Leave a comment
Mortgage Rates: Expect volatility for week of May 17, 2010