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Kip
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If FED stimulus goes through tomorrow, how will it affect mortgage interest rates?
Whatever the FED stimulus thing is, because I don't know...
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- Ed AtunLv 78 years agoFavorite Answer
The goal of the Federal Reserve Chairman is to have mortgage interest rates go lower. The recent stimuli have not pushed the rates much lower than the current 3.5%. It seems that lenders don't want to make 30 year loans at such a historically low rate. Too much chance for rates to rise over the next 30 years.
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