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Mortgages Remain Flat on T-Bill Auction and Weak Economic Data

January 14, 2011

Never has flat felt so good. For weeks, lenders have been living with the specter of further rate spikes looming like the sword of Damocles. Luckily the thread has held and, although the sword remains, we have lived another week without the aforementioned drop. In this “take what you can get, while you can get it” mortgage market, this is great news indeed.

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