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The Fed cut interest rates, but mortgage costs jumped. Here's why [CNBC]

Federal Home Loan Mortgage Corporation  (FMCC) 
NASDAQ:AMEX Investor Relations: freddiemac.com/investors
PDF That's up from 6.60% from a week prior. “The market is just responding to the tone of the Fed's message,” said Jessica Lautz, deputy chief economist at the National As [Read more]