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Kocherlakota Says Fed Should Ease Policy Further to Spur Hiring
Posted to: Around The Web
Wednesday, January 16, 2013 5:18 AM

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Kocherlakota Says Fed Should Ease Policy Further to Spur Hiring Bloomberg Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said the Fed should do more to spur economic growth and hiring by pledging to hold the main interest rate near zero until unemployment falls to 5.5 percent. "Monetary policy is currently ...

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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
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  • Jumbo 30 Year Fixed 3.77%
MBS Prices:
  • 30YR FNMA 4.5 107-03 (-0-06)
  • |
  • 30YR FNMA 5.0 107-29 (-0-04)
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  • 30YR FNMA 5.5 108-15 (-0-03)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
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  • Refinance Index 2.80%
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