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Bond Yields Push Mortgage Rates Down Slightly This Week

PostAuthorIcon Author: Yahoo | PDF Print E-mail

"Overall, inflation remains in check while certain sectors of the economy are experiencing some improvement. The core price index on consumer expenditures, a key indicator tracked by the Federal Reserve, rose 1.4 percent in July from the same time a year earlier and represented the smallest 12-month increase since October 2003. Meanwhile, the manufacturing industry expanded for the first time in 19 months, according to the Institute of Supply Management." Today's Local Market Conditions Report. Yahoo

 

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