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Mortgage rates moved lower today even though the broader bond market suggested they should have remained flat or higher. In several of this week’s previous articles, we’ve discussed the volatility.
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Things have been weird enough for mortgage rates recently that we were forced to add a "Temporary Note on Mortgage Rate Inconsistency" to our daily coverage recently. It will likely return before too.
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Averaging a couple of years’ worth of income is an option that some mortgage brokers offer their clients, especially those who depend on that income to snag a loan, said Stephen Adamo, head of home.
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