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November 15th, 2010

Rates move higher as day comes to an end

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Today, mortgage rates for the 30-year Conforming fixed-rate mortgages increased by 0.16 percent from Friday, producing the highest daily rate since September 20, 2010.

The Influential 10-yr treasury increased to 2.96 percent, marking the highest daily average since August.

While it’s still very early, it appears as though the Fed’s QE2 program isn’t having the desired effects are lower interest rates (at least not yet).

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2 Responses to “Rates move higher as day comes to an end”

  1. Tweets that mention Rates move higher as day comes to an end | HSH Financial News Blog -- Topsy.com Says: November 15th, 2010 at 8:09 pm

    [...] This post was mentioned on Twitter by HSH Associates, Mortgage News. Mortgage News said: [HSH] Rates move higher as day comes to an end – Today, mortgage rates for the 30-year Conforming fixed-rate mortgag… http://ow.ly/19Zsv9 [...]

  2. Buy & Sell Your Home With Bliss! » Blog Archive » Interest Rate History Says: November 17th, 2010 at 2:42 pm

    [...] Rates move higher as day comes to an end  hsh.com) [...]

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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