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Shares of mortgage companies are trading lower as Treasury yields rise, fueled by higher oil prices amid the ongoing Middle East conflict, while investors grow increasingly concerned that the Fed may not cut interest rates this year. Also, friction over the plan to bar institutional investors from buying single family homes may bog down the housing affordability bill in Congress.

Benzinga Newsdesk www.benzinga.com Negative 96.9%
Neg 96.9% Neu 0% Pos 0%
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