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There’s an old adage in the commodities market that says, “the best cure for high prices is, high prices.” No, it’s not a typo. The logic is basically that an elevated price over time will naturally lead to a decrease in demand. And as we…
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Following a brief surge, mortgage volumes decreased last week, as rate volatility drove down refinance activity, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of loan volume based on a survey of…
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The Federal Reserve is poised to raise interest rates Wednesday for the first time since 2018, with investors focused on how aggressive central bankers plan to be in tackling the hottest inflation in four decades. The Federal Open Market…
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