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Mortgage rates are still so low because it’s a big world, full of surprises
It has been a quiet week for new data, except for the quarterly beaching of the Fed’s whale, the Z-1 Flow of Funds tracing the movement and landing spot of every dime in the economy. Long-term rates...
View ArticleObama Could Appoint a “People's Fed” Board – and Transform the …
Sorgner on “The Importance of Genetic Modifications : Why Habermas is wrong”
View ArticleFed affirms plans for rate liftoff, but mortgages are another story
The Fed has affirmed its intention to “liftoff” from 0 percent. Mortgages are a slightly different story, with 30-year fixed-rate, low-fee loans in the 3.75 percent area, depending on borrower...
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