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Mortgage Market Update 3/20/18

Rates inched higher Tuesday as the Fed began its two-day Federal Open Market Committee meeting.  It is widely expected that the Fed will raise short-term interest rates by 0.25%, but investors will be closely watching for clues about the timing of future increases.  The Fed will release a policy statement on Wednesday at 2:00 PM.  No key economic data will be released today.

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