AgentIndustry News

Fed poised to put brakes on economy

October data come in strong; interest rates advance
Published on Nov 7, 2005

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by CareyBot

Long-term rates have risen in a straight line since Labor Day, now more than one-half percent. The 10-year T-note, 4.67 percent on Friday, has taken out several technical stops without pause, and 30-year low-fee mortgages are at the doorstep of 6.5 percent.

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