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  4. 04

Letter tiles spelling mortgage

4 factors to watch on latest interest rate rise

Industry NewsBy Innova Financial ServicesMay 4, 2023

THE LATEST U.S. INTEREST RATE RISE 4 FACTORS TO WATCH SHARE THIS BLOG What happened? On May 3rd, the Fed gave us some good and bad news. On the one hand, it raised its benchmark borrowing rate by 0.25% again to take the target rate to 5-5.25%. This is the 10th rate rise in about…

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