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2nd Market Update 7/21/2008 – Investors cash in on last week’s profits!

Monday, July 21, 2008

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Good Evening, We just saw a huge pull back by investors cashing in on last week’s profits and dumping them back into the safe haven of bonds. As a result we should see slight improvements to mortgage interest rates tomorrow morning. Here is what’s going on: Most lenders re-priced and decreased mortgage interest rates late this afternoon. [...]

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