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El-Erian: Fed Faces One Of Its Toughest Jobs Ever
Posted to: Around The Web
Tuesday, March 12, 2013 7:41 AM

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The Federal Reserve's eventual hand-off from assisted economic growth to "genuine growth" will be key to the future direction of the stock market, Mohamed El-Erian, Pimco CEO and co-CIO, told CNBC.

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Mortgage Rates:
  • 30 Yr FRM 3.68%
  • |
  • 15 Yr FRM 2.84%
  • |
  • Jumbo 30 Year Fixed 3.78%
MBS Prices:
  • 30YR FNMA 4.5 107-07 (0-06)
  • |
  • 30YR FNMA 5.0 108-01 (0-05)
  • |
  • 30YR FNMA 5.5 108-14 (0-01)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
  • |
  • Mortgage Apps 1.81%
  • |
  • Refinance Index 2.80%
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