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Morning Market Update - 8/28/2008: Mortgage rates dropped despite yesterday’s market news!

Thursday, August 28, 2008

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Good Morning, Yesterday’s bond market closed at around the same level as the previous day, which slightly helped mortgage rates late in the day. There are two reports due today that can affect the market as well. - A revision of the 2nd quarter Gross Domestic Product (GDP): Last month’s numbers will be revised and it [...]

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