Tuesday, June 23, 2009

Mortgage Rate-Locking Strategies Ahead Of This Week�s Federal Reserve Meeting

So that brings us to today's Federal Open Market Committee meeting. Looking at the chart at top, markets are 99.3% certain that the Federal Reserve won't raise the Fed Funds Rate from its current range of "near-zero". Investors have come to this conclusion because the Fed has repeatedly said it...



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[Source: The Mortgage Reports]

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