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Rates End Week at Highs as Drama Dies Down

Mortgage rates moved up on Friday, ultimately making it to the highest levels of the week for the average lender.  Underlying bond markets came under pressure as Trump made several reassuring comments about the future potential for a trade agreement between the US and China.  Before that, trade war headlines dominated the week and had taken rates and stock prices generally lower.  The net effect is that the market should shift from worrying about this week representing a dire deadline to expecting an ongoing and nuanced process….(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Source: mortgagenewsdaily.comNew feed

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