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The Day Ahead: Existing Home Sales & Vote of Confidence

By Mortgage Loan News | Published: September 7, 2011
Rates rose yesterday in a quiet trading environment largely thanks to gains in the stock market.  The S&P closed +0.54% at 1278.36. The 10yr note finished 7/32 lower in price at 101-16 and 2.3bps higher in yield at 2.949%. This pulled production...