Relevant:
- Mortgage Rates Higher As Washington Scrambles For Fiscal Cliff Deal
- Election Results Push Rates Down; M&A Trend Rolls On; Increased Regulations Ahead; Ocwen, Nationstar, Zillow Stock Movements
- Mortgage Rates Carried Higher Still By Yesterday's Momentum
- Republicans and Democrats proclaim optimism on fiscal cliff deal
- Congress approves ‘fiscal cliff' deal in bipartisan vote
2013-01-03 — mortgagenewsdaily.com
``Markets reacted as-expected to the presence of a "deal" (in the sense that "something" was better than "nothing'), in that stock prices and bond yields moved higher. This brought mortgage rates along for the ride this morning, but most of the momentum from the market's reaction to the Cliff deal was exhausted in the first few hours of trading. ''
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