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Originally Posted by wiphan
Mortgage rates increased .625% today. Largest increase I can remember in 1 day in the last 10 years. We saw a .5% dip one day, but I can't remember a day like today. Our interest rates got worse 4 different times today. Personally I am kind of relieved and hope that we can keep things slightly higher for a while so that I can catch up and actually have a life outside of work.
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You won't get your wish wip. Feds will start buying mbs again next week. Just watch.
Enjoy your weekend though.
