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Fed Chairman

Interest Rate Scare Passes (For Now)

Halloween Scream?  Not This Year After almost touching 5%(!) barely a month ago, interest rates on a 30-year mortgage for well-qualified borrowers have dropped almost a full point, to just above 4%. Jumbo loan rates are even lower. Chalk that up to 3 reasons:  1) the debt ceiling has been raised, however temporarily; 2) the...
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