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Mark Hemingway

Mortgage Market Update for November 20th

Friday, November 20, 2020 - Article by: Mark Hemingway - Security Financial Services, LLC - Message

Mortgage Bonds closed flat to lower while Treasury prices pushed higher. The 10-yr yield slipped to .82%. Stocks closed in negative territory while the S&P finished lower for the week. Surging virus cases and vaccine hopes continue to grip the markets. Next week is holiday shortened with Thanksgiving on Thursday.

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