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Triangle Business Today

Lots of real estate data due

Posted September 22, 2010

As expected this week, the Federal Reserve held steady on Interest Rates – indicating in its language from the meeting that it intended to keep interest rates low for an extended period of time – an announcement that was good news for Treasuries – and put further downward pressure on mortgage interest rates. Great new for eligible consumers in today’s housing market.

Flurry of housing indicators out this week Flurry of housing indicators out this week

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About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.