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10-05-2010, 03:35 PM
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If the Fed initiates more intervention at...
...their November meeting, how much will mortgage rates drop? Closing on a home at the end of October. Should I delay the closing and make it for after the November Federal Reserve meeting, as they may announce their intentions to make purchases, which could lower mortgage rates. How much of a reduction would occur in the mortgage rates, if the Fed does this? Thanks for your help, as my mortgage guy didn't have the answer.
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