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Gary McBride of Bankrate breaks down mortgage rate expectations

January 21, 2016

As was widely expected, the Federal Reserve raised the benchmark short-term interest rate at its Dec

As was widely expected, the Federal Reserve raised the benchmark short-term interest rate at its Dec. 19 meeting. It had been at zero for seven years prior to the quarter-point increase. Greg McBride, CFA, and senior financial analyst at Bankrate.com, said to expect gradual adjustments to the prime rate over the course of …

Source: Inman News