Low Mortgage Rates Through 2014?

When shopping for real estate

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interest rate

Federal Reserve Open Market Committee comments

The Federal Reserve Open Market Committee

Last week, the Fed made some interesting comments in its press release

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  • The Federal Funds Rate would remain unchanged at zero to 0.25 percent.
  • Despite signs of improvement, the housing market remains depressed.
  • It will continue “Operation Twist
  • Market conditions are likely to warrant exceptionally low levels for the Federal Funds Rate at least through late 2014.

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