Magnolia Property Solutions, LLC

Real Estate Investing

Mortgage Rates Move Lower as Fed Delays Taper

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Mortgage rates inched lower this week, following the Federal Reserve’s recent announcement that it would delay tapering its bond buying program. Mortgage rates have climbed more than one percentage point since May when speculation began that the Fed would start winding down its $85 billion per month bond buying program, which had helped keep mortgage rates low.

http://realtormag.realtor.org/daily-news/2013/09/20/mortgage-rates-move-lower-fed-delays-taper

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