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Federal Reserve increased interest rates

Federal Reserve increased interest rates – first time in nearly a decade The Federal Reserve increased interest rates Wednesday afternoon for the first time in nearly a decade. As expected, the Fed announced that it would increase its benchmark rate by one quarter of a percentage point. Investors and economists have been speculating about the

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The Next Decade Could Bring Best Housing Climate In History

The Next Decade Could Bring Best Housing Climate In History Following the worst years for the housing market that most Americans have seen in their lifetimes, the years ahead could actually bring some of the best years for the very same market.  Based on market cycles, census data and other study factors, the Mortgage Bankers

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Volatile Week For The Market & Interest Rates

Volatile Week For The Market & Interest Rates Over the past week, mortgage interest rates were pushed and pulled by unusually large movements in global stock markets. The economic data had little impact. After a volatile week, mortgage rates ended just a little higher. Concerns about slowing global economic growth, particularly in China, caused the

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