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Analysts: Rate hike won’t short-circuit housing market
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Industry News
Friday, March 17, 2017
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For the first time this year, the Federal Reserve Board has raised short-term interest rates.
Analysts from groups such as the Mortgage Bankers Association, First American Financial Corp., and Fannie Mae reacted to the recent announcement and discussed whether the Fed’s action would be likely to slow home sales in the all-important spring market.
Read on to learn why some believe it’s still a good time to buy and sell homes.
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