Posts discussing Discount Rate

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19Feb2010
Author
Dan Green
Filed Under
Mortgage Rates

Mortgage Markets Pass The Tipping Point; Mortgage Rates Up For Good?

Thursday, shortly after the markets closed, the Federal Reserve announced a 25 basis point increase to the Discount Rate. The Discount Rate is now 0.750%. Mortgage markets are selling off on the news. The Era of Low Mortgage Rates may be officially over.

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