Earlier this week, the Federal Open Market Committee announced that it plans to leave the federal funds rate unchanged, but the way the FOMC framed the announcement led many to believe that a rake hike is coming in December. And Friday’s jobs report did not contain any significant information that would warrant further delaying a rate hike - in fact, it all but guaranteed a December rate hike, according to Fannie Mae’s chief economist. http://www.housingwire.com/articles/38455-fannie-mae-new-jobs-report-basically-guarantees-december-rate-hike ❤️ #share #mortgage
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