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September 01, 2020 1:41pm
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Mortgage Rates Could Drop to Under 3% Due to Fed Bond-Buying

As part of its efforts to stem the tide of the coronavirus contagion in the capital markets, the Federal Reserve ramped up its bond-buying in addition to slashing interest rates to zilch. In turn, this will help drop mortgage rates vis-a-vis 2008 when a similar program helped to drive down rates...
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