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Mortgage rates are still low, in the 6% range, and have come down a bit since that Fed guy toned down his rhetoric. Somebody must have talked to him.
Right now, you have a nice balance between CD rates (about 5%) and mortgage rates. That's better than those 1% CD rates of some months back. The average taxpayer lost a bundle on those 1% CD rates. And the banks made a bundle.
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