The Federal Reserve held its benchmark interest rate secured near zero at the conclusion of its two-day meeting Wednesday. They also stated that they will keep buying at least $120 billion of bonds every month to support recovery.
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30-year (FRM) rates at 2.75% (-0.05%)
15-year (FRM) rates at 2.25% (-0.03%)
FHA 30-year Fixed rates at 2.25% (-0.02%)
Jumbo 30-year Fixed rates at 3.25% (-0.04%)
5/1 ARM rates at 2.21% (-0.02%)
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