Monday, October 8, 2012
Chicago Illinois Mortgage rates Week in Review for he Week Ending 09/21/2012
The Fed?s new program of Quantitative Easing is progressing as intended. Under the new program the Fed will be buying mortgage backed securities, not treasury bonds, so the money is flowing directly into mortgages and rates have dropped to new record lows. The market was choppy for most of the week following the Fed?s announcement, [...]
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