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Franklin Raines - Well, we're just now seeing the...

Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates. (Franklin Raines)

Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.

Franklin Raines

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based fed mortgage now overnight rate seeing well rates shorter

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