Mortgage Rates Sharply Higher After Lukewarm Economic Data - Mortgage rates rose sharply again today, with best-execution up to 4.75 in most cases, after another round of economic data failed to convince markets that the Fed would reconsider their probable September 18th announcement of a reduction in asset purchases. Much of the interest rate spike of the past 3 months has been in anticipation of so-called "tapering," and the burden of proof is currently on the variou... ow.ly/2z9LqX
Posted on: Fri, 16 Aug 2013 23:26:28 +0000
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