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Mortgage News DailyCNBC
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79% Informative
The average rate on the 30-year -fixed mortgage jumped 27 basis points Friday morning following the release of the government's monthly employment report.
Mortgage rates do not follow the Fed , but they loosely follow the yield on the 10-year U.S. Treasury .
Rates are a full percentage point lower than they were a year ago , but housing market has not seen much of a boost yet.
VR Score
90
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94
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89
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English
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40
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