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Hey Fed, Why Such High Rates?

Hey Fed, Why Such High Rates?

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 Jeff tries to make some sense of the continued high interest rates facing the mortgage industry by breaking down some of the contributing factors. Although unemployment has remained under four percent over the past two years, suggesting a robust economy, the Fed shows no indication that it plans to lower rates anytime soon. What implications will this have for those already struggling with high home prices? Guests Michelle Wilde-Powell and Charles Giscombe provide ideas for thinking outside the box when it comes to mortgages.
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