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Mortgage Rates Resilient But Fade Into the Close

Posted 10-15-2010 at 08:28 AM by VictorBurek

Mortgage rates held relatively stable yesterday during morning and afternoon trading. The economic data was mixed, producer prices were a little warmer than expected but many more people had to file for unemployment benefits last week. However, following a very poor auction of 30 year bonds, the rates market couldn’t hold off a move lower in price higher in yields. Most lenders did reprice for the worse late in the day as mortgage backed securities went out at the lows of the day.
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Old

Charlotte Skyscraper celebrates National Coming Out Day

Posted 10-14-2010 at 12:53 PM by SunnyKayak



Yes, the Duke Energy Building went gay for National Coming Out Day


In celebration of National Coming Out Day Duke Energy Center of
Charlotte, North Carolina displays the Rainbow Colors
https://www.city-data.com/forum/charl...-went-gay.html
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Rating: 2 votes, 4.50 average.

Lenders Reprice Following Decent Auction

Posted 10-14-2010 at 08:31 AM by VictorBurek
Updated 10-15-2010 at 08:27 AM by VictorBurek

The best rates of our lifetime were seen Friday morning following the Employment Situation report. Since then, mortgage rates have been under some pressure to move off record lows.

There isn’t much to recap from yesterday as mortgage rates opened the day slightly worse, again. However, after the Department of Treasury released the results of the 10 year note auction, bargain buyers stepped in to purchase the lower priced mortgage backed securities after several days of declining...
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Rating: 2 votes, 5.00 average.

Could this be Maturity?

Posted 10-14-2010 at 07:12 AM by LookinForMayberry

DH is rushing around the house, swearing at whatever thought is crossing through his mind, trying to pack all his future hopes and aspirations into this moment. Never satisfied to let now unfold its own way.

I used to be right there with him, struggling to capture MY preconceived moments, railing against the present because it wasn't the present I wanted.

Then we'd get in each others way, and our irritations at our created situations would flare onto each...
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Old

Mortgage Rates Rise Ahead of More Treasury Debt

Posted 10-13-2010 at 08:18 AM by VictorBurek

Mortgage rates took a small step backward yesterday following a very weak treasury auction of 3 year notes. The demand was well below recent averages. Following the release of the results, many lenders did reprice for the worse increasing consumer borrowing costs. We also received the FOMC minutes, but no major surprises as it only reaffirmed what we already knew…economic recovery will be sluggish, deflation is a greater risk than inflation and more quantitative easing is on the way.
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