Mortgage-backed security markets are rallying this morning as the S&P/Case-Shiller home prices report showed that the real estate market is struggling to stabilize. The report showed that prices dropped in February by the most in over a year. In other news, the Federal Reserve will begin their two-day meeting today and will also be selling $35 billion in 2-year notes.
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Real Estate Market Continues Struggle to Stabilize – Market Update
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