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Posts published in “federal reserve”

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…

Mortgage credit opening up to more borrowers

Mortgage credit availability increased in March, opening the mortgage market up to more borrowers. This was driven by an improving economy and job market recovery. …

Fed expects stronger economic recovery to come

During the most recent Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals…