Jean Palumbo

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Mortgage Rates week of June 13, 2016

Posted On: June 15th, 2016 1:31AM

Last week mortgage rates improved as traders continued to discount the probability of either a June or July rate hike from the Federal Open Market Committee (FOMC). Fed Funds are currently showing a 0% probability of a rate hike in Wednesday’s FOMC meeting and less than a 16.0% chance of a rate hike in July

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