The Fed, the Shutdown, and Your Mortgage
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The Fed, the Shutdown, and Your Mortgage
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In this episode of Maine Mortgage Minute, Alina Burke discusses the current economic landscape, focusing on the Federal Reserve's stance on interest rates, the labor market's performance, and the implications of the ongoing government shutdown on mortgage processes. She provides insights into the challenges facing borrowers and the importance of strategic decision-making in uncertain times, particularly regarding refinancing and rate locks. The episode concludes with a Q&A segment addressing listener questions about navigating the current mortgage environment.
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