Tagged : Weekly Mortgage Rates Update 
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Mortgage Rates Continue To Remain Attractive On Weak Dollar
Friday, November 13th, 2009 at 9:51pm. 1810 Views, 5 Comments.
Rates are just a bit better than last Friday, as shown below. The Univ of Michigan's highly watched Consumer Confidence report came in much lower than expected today, but it didn't seem to have an effect on the markets. However, I'm sure the retailers are paying attention, and are no doubt, nervous to say the least.
There's a lot of talk right now about the strength, or lack thereof, of the US dollar. There seems to be some unspoken plan to keep the dollar value low to entice the rest of the world to buy US goods and participate in our market trades. For many investors outside the US with stronger currencies it makes perfect sense. For our markets this is not necessarily a bad idea in the short term. However, having our currency remain weak in the…
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