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Mortgage Rates Retreat Further—They’re Officially Ridiculously Low

July 16, 2010

I must admit that sometimes I feel like the guy at the craps table betting against the come. The one who revels in repeated cold streaks as he scrapes stacks of chips from the table while everyone else loses. When I feel this guilt, however, I just remember that the scourge of the craps table is simply making the most out of a bad situation. That said, this was another rough week for the economy, but a good week for mortgage rates.

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