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Loan Modification

: Mortgage Lender Implode-o-Meter

Today?s Mortgage Rates Steady Below 5 Following Fed ?Text?

By Implode-Explode Heavy Industries

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``Prices of mortgage-backed securities declined for the second day in a row today. Mortgage rates, which move opposite mortgage-backed securities prices, were unchanged. Pricing though, which effects closing costs, worsened this afternoon. In other words whatever it may have cost you to secure a 4.75% 30 year fixed mortgage yesterday, it?ll cost just a little more to get that same rate today.''

Full post as published by Mortgage Lender Implode-o-Meter on February 10, 2010 (boomark / email).

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