Mortgage Minute brought to you By Geneva Financial Jun 20 2023

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- The Federal Reserve (the Fed) is expected to keep interest rates steady, with a small increase likely in July.
- Fed officials will be speaking this week, likely discussing the need to raise rates to control inflation.
- Despite rumors of a recession, the job market is strong and the economy is doing well.
- If you're planning to close a loan soon, it's a good idea to lock in your rate now.
For a more detailed understanding of these points and more, I recommend reading the full report. It provides a comprehensive breakdown of these complex financial concepts in a way that's easy to understand.

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