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OGI Mortgage Bankers

this week 3-21-2011

Monday, March 21, 2011 - Article by: OGI Mortgage Bankers - Message

This week; existing and new home sales are the main focus bu unlikely to show any change in the trend of weak sales that has been the situation for two years. Japan's problems with their nuclear reactor remain but the latest report imply some progress on a couple of reactors while another reactor is weakening. In Libya the UN forces clobbered Libyan positions with heavy use of missiles but Qaddafi remains defiant. Treasuries and mortgage rates are likely to stay within a tight range as long as there is no change in the situations in Japan and in the Mideast.

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