The Mortgage Rate Prediction For The Next 7 Days (April 15, 2010)
Thu, 04/15/2010 - 13:35
Investors are unwinding their safe haven trades, dumping excess mortgage bonds into the open market, pressuring mortgage rates to move higher. Get ahead of the changes because MRV -- Mortgage Rate Velocity -- is as high as its been in a year. Rate hikes are coming this week and they're going to hit hard.
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