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Could interest rates be about to rise?

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Mortgage Professional America | 08 Nov 2013, 10:33 AM Agree 0
Some investors are speculating that the Fed may wind back its $85bn-per-month bond-buying program sooner than expected, perhaps fueling a hike in mortgage rates.
  • Michael H | | 08 Nov 2013, 11:51 AM Agree 0
    How many of the furloughed Gov't. workers went out anf secured other employment ? Of those, how many quit that new job (even part-time) to return back to the Gov't. work force ? As for the numbers we all know that they are cooked and be forced to tell what ever story they would like to spin.
  • Bayview Mortgage Inc | | 08 Nov 2013, 11:54 AM Agree 0
    These guys really don't keep up with the news. Im sure with suntrust and a few other wholesale lenders closing shop. All the lost jobs will increase the jobless claims next month. So rates will drop back down to 3.25% for a 30 year mortgage. 2 bad no one will have a job to be able to qualify for the mortgages.
  • Matt | | 08 Nov 2013, 12:34 PM Agree 0
    Don't forget we still have round 2 of the budget/debt ceiling battles coming up in January 2014 and the Fed probably will wait until that is resolved prior to making a decision to taper.
  • Michael | | 08 Nov 2013, 01:31 PM Agree 0
    Understand that Yellens confermation may get held up over the Jan. debt ceiling ? Impact ? Gentle Ben sure does not want to pull the trigger.
  • Ken | | 11 Nov 2013, 11:29 AM Agree 0
    The vast majority of the jobs added were pert time, minimum-wage level.
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