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Rates Unchanged for 4th Straight Day. That Should Change Tomorrow

Mortgage rates were flat for the 4th day in a row today in a sign that investors have largely taken their seats for tomorrow’s big show.  The Fed will release its new policy statement at 2pm tomorrow, and while they’re not expected to hike rates this time around, there are other important considerations that could have a big impact on rates.
One of the considerations is the fact that March is one of the months where the Fed updates its economic projections.  Investors largely tune-in to these for a glimpse at the collective rate hike outlook.  This has caused big market movement in the past, but something else could be even more important tomorrow….(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Source: mortgagenewsdaily.comNew feed

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