Monday, February 25, 2013
Daily Market Update 2/25/13
Rates were little changed Monday as mortgage-backed securities recovered from an early sell-off. After having risen by about 3/8% from their all-time lows, mortgage rates appear to have stabilized somewhat over the past two weeks. No key economic data will be released today. Results from today's 2-year Treasury auction will come out at 1:00 PM.
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