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Posts published in “federal reserve”

What on earth is going on with lumber prices?

Even though lumber prices have ticked down a bit recently, they’re still drastically up from where they were last year. So, what’s happening? Here’s a…

Mortgage rates retreat from 3% threshold

Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept…

Mortgage rates settle in, hovering around 3%

So far, bond markets are taking in stride the prospect that the Fed may taper its monthly purchases of $40 billion in mortgage-backed securities and…