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Freddie Mac economist says recession could drive mortgage rates even lower
A day after the 30-year mortgage rate hit its lowest mark ever, the chief economist for mortgage giant Freddie Mac said Friday it could dip even lower amid a sluggish economy and European recession....
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Housing Recovery May Validate Fed’s QE3
Legitimate signs of life in the housing market suggest the Federal Reserve may have chosen the right lever to stimulate the economy when it launched its latest stimulus bid last month. Reuters U.S....
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How QE keeps your mortgage interest rate down
Good news for those who believe that an improving housing market is key to our economic recovery. One caveat: That 4.22 percent is not the flat rate that people paid. It includes points paid up front...
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