Mortgage Interest rates are at Historically Low Levels: “The Bond markets rallied yesterday, after a strongly worded Fed statement said that there remains “significant” risks to the downside for the US economy. Add to that the larger than expected funding of $400B for Operation Twist…and the surprise announcement that the Fed will purchase Mortgage Backed Securities…and Bonds went rocketing higher as Stocks took a nose dive. It really is difficult to see rates

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