ALTA.org - "Fear Of Inflation Causes Mortgage Rates To Bump Up This Week" (6-2-06)

"The Fed released the minutes of its most recent FOMC meeting, which showed that some members were concerned about inflationary pressure.This caused the bond market yields to rise, and brought about market speculation that the Fed may hike rates sooner than had been expected," said Frank Nothaft, Freddie Mac vice president and chief economist. "All this combined to nudge rates up again this week.

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