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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This page presents the quote "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.". Author of this quote is Franklin Raines. This quote is about ten, seeing, rate, economy, years, mortgage,.