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Wednesday, July 05, 2006

What now After The Feds meeting?

With indications of a still strong economy rates went up today. The fear is there are more Fed rate hikes ahead on August 8. Rates are getting close to 7 % but are still very low compared to previous years. Stay focused if you are purchasing a home and try not to chase rates. They may move up a little more but should do so slowly. www.rateinformer.com

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