Maine Mortgage Market Update 11.29.2010

Mortgage bond prices remain positive this morning extending the gains from last Friday.

There is no data today. Traders will likely look to stocks to help guage mortgage interest rate direction. The DOW is currently down over 130 points.

Global economic uncertainty continues to dominate trading. The EU approved a $113b bailout for Ireland over the weekend. Rumors continue to swirl about Portugal and Spain being next.

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