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Home mortgage information and related news - updated frequently. A valuable resource for consumers looking for home mortgage refinancing, purchase loans, and debt consolidation loans. Also read by many mortgage industry professionals. Authored by EZ Loan Apply - provider of objective lender reviews, loan calculators, rate reports, and helpful articles – updated daily. Free lender matching service.

Tuesday, February 01, 2005

Fed expected to raise rates

The Federal Open Market Committee is expected to raise interest rates by a quarter of a percentage point on Wednesday from 2.25% to 2.5%.