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More Rise In Rates

More Rises In Rates.... Mortgage rates were moving higher this week as the bond markets continued a semi-weaker trend for April.  Bonds (which factor in determining rates) are under pressure for various reasons.  Rates responded in a fairly big way in…

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New Home Applications On The Rise

The Mortgage Bankers Association (referred MBA) forecasted a substantial jump in new construction home sales in January. Based on the response to its Builder Application Survey (referred BAS), the MBA estimated that applications for purchases of newly constructed homes rose…

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