Posts discussing 30-Year Fixed Mortgage

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22Jun2010
Author
Dan Green
Filed Under
Federal Reserve
In Charts : Mortgage Rates Don’t Correlate To The Fed Funds Rate Thumbnail

In Charts : Mortgage Rates Don’t Correlate To The Fed Funds Rate

When the Federal Reserve makes a vote on the Fed Funds Rate, it's voting on the rate at which banks borrow from each other. The Federal Reserve is NOT voting to change consumer mortgage rates because, based on its government charter, it can't. Look to Wall Street for that, instead.

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