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How Long will Rates be Low?

January 26th, 2012

How long can the Federal Reserve continue to keep US interest rates at record lows?

This is the million dollar question.

Potential home buyers are waiting to see if they can wait just a little longer to score a cheaper interest rate. The mortgage industry is loving all the refinances, especially now that some people have refinanced once or even twice at low interest rates compared to previous home loans.

Low Rates Until 2014

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