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Complete Reversal as Mortgage Rates Erase Yesterday’s Gains

Published 2 months ago

On a normal week, we can follow day to day movement in rates and point out how far
behind the times the week-to-week changes are. This time around, the week-to-week
changes may have the upper hand due to the extreme 2-WAY volatility seen in the day-today movement. Specifically, rates plunged lower at the fastest pace in years on the first 2 days of the week.

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