WebMortgage rates are supposed to rise in 2011, according to the general consensus of the finance industry at the start of the year. But here we are more than a quarter of the way through the year and interest rates remain essentially unchanged. WebWeaker than expected readings would be favorable news for the bond market and mortgage rates. Current forecasts are calling for a 0.3% rise in the overall reading and the core data to rise 0.4%. Also Wednesday but during afternoon trading will be the results of the 10-year Treasury Note auction. This sale will be followed by a 30-year Bond sale ...
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