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Mortgage Rates Mirror Fed Decision

February 2, 2017 5:21 pm

Mortgage rates on average remained unchanged this week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), mirroring the Federal Reserve’s decision on Wednesday to keep the key interest rate unchanged. “The 10-year Treasury yield fell five basis points this week following a tepid advance estimate of fourth quarter GDP and the Fed’s decision to […]

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