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DFW Housing Market News and Trends
| UNLIKELY TO DAMPEN HOME BUYING: Fed Hikes Rates, But Mortgage Rate Increase Not Anticipated. |
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Inman News, March 17, 2017 (excerpts). The Federal Reserve governors voted last Wednesday to raise interest rates by 0.25 percent, to 0.75 percent to 1.00 percent. [This] "Fed move is already built in to rates for other products (like mortgages)," notes Lou Barnes with Inman News — which seems to be the consensus from other experts, too. |
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Posted on Tuesday, March 21st, 2017 at 4:28 pm by H. David Ballinger |
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