Mortgage Bonds getting Feisty!The three-month downtrend is shattered...The 6 month downtrend off all-time highs is the new resistance;http://content.screencast.com/users/LeveragePlanner/folders/...Not sure if/how significant this may be... but it appears the early-March lows have been rejected, and definitely failed to penetrate the August lows.For now, mortgage rates should be dropping rapidly in the coming 2-3 days.Dave DonhoffLeverage Planner
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