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Will the Federal Rate Cuts Mean Lower Mortgage Rates?
The Federal Reserve continued their long string of lowering rates and recently lowered rates again. The question is “Will this reduction lower mortgage rates and help with the mortgage crisis?” The answer is “Not so much.”
The Reason Johnny Lost His JobI’ve found in life that just about anything the government has a hand in, is bound to get screwed up. I’ve seen people freaking out that the unemployment rate has gone up to 5.7%.