Yonkers, NY November Mortgage Rate – Improve

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Posted on | November 16, 2009 | No Comments

November Mortgage Rate – Improve

In the last Fed Meeting, rate improved a little each day. They indicated that monetary policy would remain on hold for quite a while. But acknowledged it eventually has to raise the fed funds rate, a clear message that rate hikes are long way off.  Majority of fed officials feel that the economy is still too fragile and the labor market is too weak to begin to raise rates

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