Thursday, June 12, 2008

T-Minus 2 Weeks Until The Fed Hikes The Fed Funds Rate?

Members of the Federal Reserve turned up the inflation chatter since late-May and mortgage rates are suffering. Even worse, it's creating a confusion among home buyers because lender pricing is expiring multiple times daily. As a general rule, inflation is bad for mortgage rates because it cause...

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[Source: The Mortgage Reports Blog]

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