Since the Fed initiated their latest round of quantitative easing, the mortgage market has been holding steady at record low interest rates, but last week the calm waters turned choppy. Mortgage rates rose sharply for the first four days, before a stock market sell-off on Friday sparked a bond market rally which contained the damage. [...]
Source: http://www.ptmortgage.com/blog/2012/10/22/chicago-illinois-mortgage-rates-week-in-review-for-the-week-ending-10192012/
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