Industry News

Fed statement worries markets, hikes real estate rates

Markets react to inflationary concerns
Published on Mar 30, 2006

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by CareyBot

Mortgage rates increased this week after the Fed, which raises its federal funds rate to 4.75 percent on Tuesday, said more increases may be needed to control inflation, according to surveys conducted by Freddie Mac and Bankrate.com. In Freddie Mac’s ...

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