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July 9th, 2008 10:19 AM
Mortgage Interest Rates have had a huge run-up from the middle of May to the middle of June.  Finally, we have had a cooling off, with interest rates trending down since June 17th.  Mortgage backed securities have bumped against ceilings of resistance and may be stalled causing the down trend to stop.  This critical point may be the start of another run-up in interest rates.
Posted by Aaron Walker on July 9th, 2008 10:19 AMPost a Comment (0)
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