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Mortgage rates for Oct. 14

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“Mortgage charges steadily elevated this week, ending the week reasonably increased,” Paul Thomas, vice chairman of capital markets at Zillow, wrote in an e-mail. “The September jobs report, launched final Friday, was usually seen as ‘assembly the bar’ for the Federal Reserve to start tapering asset purchases. Minutes from the September Federal Open Market Committee (FOMC) proceed to level towards tapering beginning on the finish of the yr, consistent with present market expectations, which can jolt charges increased getting into the brand new yr.”

https://www.washingtonpost.com/enterprise/2021/10/14/mortgage-rates-reach-highs-not-seen-six-months/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Mortgage charges for Oct. 14

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