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What’s Ahead For Mortgage Rates This Week – September 14, 2015

September 14, 2015 by Rilian Ball

A short week after the Labor Day Holiday provided a slack schedule for economic news. Bloomberg reported that residential investment for the second quarter of 2015 represented 3.34 percent of the Gross Domestic Product. Compared to the long-term average reading of 4.56 percent, analysts said that the Q2 15 reading suggested pent-up demand in the housing market that could help propel the economy through any setbacks that could occur when the Fed raises rates. Pent-Up Housing Demand a Plus when … [Read more...]

Filed Under: Market Outlook Tagged With: Federal Open Market Committee, Freddie Mac, Jobless Claims

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Rilian Ball


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Rilian Ball
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