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Mortgage rates drop

By Holden Lewis · Bankrate.com
Thursday, July 14, 2011
Posted: 9 am ET

Mortgage rates fell this week after release of a dismal employment report. Read Polyana da Costa's report.

In the Rate Trend Index, the majority predict that mortgage rates will remain relatively unchanged this week. Polyana agrees with the majority, and I think rates will rise. In the last few weeks, when we have disagreed, she has been right, darn it.

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