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Mortgage Support is no longer needed: Article

According to an article posted on Nasdaq . com "Fed To Say Stronger Economy No Longer Needs Mortgage Support".  The U.S. economy continues to improve, allowing the Fed to stop buying mortgage-backed securities by the end of March as planned.

Despite signs of a broadening recovery, however, the U.S. central bank is expected to say that short-term interest rates must stay close to zero for several more months due to a weak labor market and low inflation. These are the highlights expected from the Federal Open Market Committee meeting, scheduled for Tuesday....(Read More)

 

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