Industry News

Upbeat Fed talk pulls mortgage rates down

Bond market follows through with prediction
Published on Sep 14, 2006

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by CareyBot

Mortgage rates dipped this week following San Francisco Federal Reserve Bank President Janet Yellen’s words hinting of a decline in inflation, according to surveys conducted by Freddie Mac and Bankrate.com. Yellen spoke encouragingly Tuesday to the Emeryville, Calif., Chamber of Commerce, ...

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