Thursday, October 31, 2013

Fed Leaves Rates Unchanged Again

Fed Leaves Rates Unchanged Again

The Federal Reserve says the economy hasn’t grown enough for it to end its $85 billion-a-month bond-purchasing program. The program has been helping to keep mortgage rates low, but fears mounted this summer that the Fed would begin winding it down. That has caused mortgage rates to tick up and made borrowers more concerned about the costs of a mortgage.

Fed Leaves Rates Unchanged Again

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