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FED Changes Coming

Sunday, September 15, 2013 - Article by: Kiernan - The Mortgage Advocate - Message

The Us Dollar is the Coca Cola of currency. Lets hope the changes coming to the FED do not create NEW COKE. FED policy has to carefully bring us out of the quantitative easing, otherwise we will see many problems. I do not think that the economy is ready for mortgage rates much higher than the current levels. A 14% drop in mortgage applications is proof. Don't change the formula, we all now how NEW COKE ended.

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