<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9f1501f9-8acf-4630-814a-059c3e140d10/AA1D5D4E-9580-4173-9DA0-68550ECFAEF7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.subprimeblogger.com/current-mortgage-rates-could-go-higher/" href="http://www.subprimeblogger.com/current-mortgage-rates-could-go-higher/" style="font-size: 11px;">www.subprimeblogger.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.subprimeblogger.com/current-mortgage-rates-could-go-higher/"><DIV class="post-header"> <H2 class="post-title">Current Mortgage Rates Could Go Higher</H2> </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.subprimeblogger.com/current-mortgage-rates-could-go-higher/"><P>Current mortgage rates are very likely to move higher in the next few weeks.  Since the middle of June, average mortgage rates have pulled back from an intermediate high, mostly because of the sell off in the <A href="http://www.subprimeblogger.com/daily-mortgage-rates-and-10-year-treasury-rate-june-27th/">10 year treasury rate</A>.  The government continues to auction off bonds which is saturating the market; this has caused the 10 year to pull back all the way to its 50 day moving average.  After going from 4% down to 3.45%, I find it highly unlikely that we will see the 10 year break the support level of the 50 dma.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AA1D5D4E-9580-4173-9DA0-68550ECFAEF7/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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