Fed’s Two-Year Low-Rate Pledge a Boon for Mortgages

The Federal Reserve’s pledge on Tuesday afternoon to keep short-term rates low through 2013 should sustain relatively favorable mortgage market conditions for quite some time.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_406/feds-two-year-low-rate-pledge-a-boon-1026053-1.html?CMP=OTC-RSS

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