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Bad news for the stock market has been good news for interest rates. Nice technical move yesterday and then a wild ride today. Looks like the stragglers will get one more chance to take advantage of the refi boom.
02/05/2010
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Here is a good video on the role "mark to market accounting" played in what went happened: http://www.mortgagesuccesssource.com/go/markmarket/
12/30/2008