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Exclusive - Fed Maintains Funds Rate at 0%-0.25% Range

Fed to Buy Total of Up to $200 Billion of GSE Debt in 2009, Sees "Gradual Resumption of Sustainable Economic Growth"; Fed Says Inflation May Persist Below Best Level, Will Use All Available Tools to Help Economy Recover; Fed to Continue Monitoring...

Published Wed, Mar 18 2009

Filed under: federal reserve, interest rates

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Mortgage Rates:

30 Yr FRM 3.90%
|
15 Yr FRM 3.26%
|
Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-18 (-0-02)
|
30YR FNMA 5.0 108-00 (-0-01)
|
30YR FNMA 5.5 108-30 (0-00)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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Exclusive - Fed Maintains Funds Rate at 0%-0.25% Range

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