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Fed Minutes Reveal Growth Concerns

By Angel Sherlin of Greator Chattanooga Lending, Guest Mortgage Author

While there were no quiet days in the mortgage market during the week, the enormous swings in rates seen recently were absent. The sparse economic news did little to change the outlook for future economic growth and inflation, and the net result of a series of medium sized daily rate movements was a slight drop in mortgage rates for the week.

 

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