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BOND MARKET
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| This refers
to the daily buying and selling of thirty year treasury bonds.
Lenders follow the bond market intensely because as the yields of
bonds fluctuate, fixed rate mortgages do approximately the same
thing. The same factors that affect the Treasury Bond market also
affect mortgage rates at the same time. In a volatile market rates
can and do change during the day as well. |
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BACK TO GLOSSARY |
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Simplicity
Mortgage - 6180
E. State Street, Suite #5 - Rockford, IL.
61108
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