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It's a good day when I see mortgage backed securities soaring high when I get my first report on the days trading. With the news of the government taking control of Fannie Mae and Freddie Mac we got a nice drop in mortgage rates today. (About three different reprice notices from our lenders improving rates all along the way). I got the drop I was hoping for from my FHA lenders and perhaps tomorrow will produce more of the same and bring a smile to all the buyers out there in this market. Happy buyers = happy agents = happy me. ;)
;)
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