QE3 Lowering Rates, But Refi Incentive Still Limited

The Federal Reserve’s third quantitative easing program has made more progress lowering rates than some expected, but it is not at a point where it will spur refinancing notably.

Article source: http://www.nationalmortgagenews.com/dailybriefing/third-quantitative-easing-program-lowering-rates-1032339-1.html

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