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	<title>Mortgage Rates for Chicago &#187; The Fed</title>
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	<link>http://mortgageratesforchicago.com</link>
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		<title>Mortgages and the Fed</title>
		<link>http://mortgageratesforchicago.com/2009/12/15/mortgages-and-the-fed/</link>
		<comments>http://mortgageratesforchicago.com/2009/12/15/mortgages-and-the-fed/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 18:19:59 +0000</pubDate>
		<dc:creator>Tom  Vanderwell</dc:creator>
				<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[The Fed]]></category>

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		<slash:comments>0</slash:comments>
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		<title>The Week Ahead</title>
		<link>http://mortgageratesforchicago.com/2009/12/14/the-week-ahead/</link>
		<comments>http://mortgageratesforchicago.com/2009/12/14/the-week-ahead/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 14:45:00 +0000</pubDate>
		<dc:creator>Tom  Vanderwell</dc:creator>
				<category><![CDATA[Market Musings]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[The Fed]]></category>

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		<description><![CDATA[So, last week was a relatively light one in terms of economic news.&#160;&#160; This week will be a bit heavier&#8230;

Tuesday &#8211; The Housing Market Index, Industrial Production and Capacity Utilization. 
Wednesday &#8211; Housing Starts and Architecture Billings Index for CRE (Commercial Real Estate), the Fed&#8217;s meeting announcement, CPI (Consumer Price Index) 
Thursday &#8211; The Philly [...]]]></description>
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		<title>The Fed &#8211; 12 to 18 months&#8230;&#8230;</title>
		<link>http://mortgageratesforchicago.com/2009/12/08/the-fed-12-to-18-months/</link>
		<comments>http://mortgageratesforchicago.com/2009/12/08/the-fed-12-to-18-months/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 04:22:00 +0000</pubDate>
		<dc:creator>Tom  Vanderwell</dc:creator>
				<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[The Fed]]></category>

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		<description><![CDATA[Last week, we had the report from Goldman that said that rates will stay where they are until late 2011 or early 2012.&#160;&#160; Today, we get Morgan Stanley saying that the Fed will raise rates in the later half of next year.
I&#8217;m going to continue with what I&#8217;ve said before.&#160;&#160; We are, in my opinion, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Five Years &#8211; Gulp&#8230;..  What does that mean for the housing market?</title>
		<link>http://mortgageratesforchicago.com/2009/11/25/five-years-gulp-what-does-that-mean-for-the-housing-market/</link>
		<comments>http://mortgageratesforchicago.com/2009/11/25/five-years-gulp-what-does-that-mean-for-the-housing-market/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 18:21:00 +0000</pubDate>
		<dc:creator>Tom  Vanderwell</dc:creator>
				<category><![CDATA[House Prices]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[The Fed]]></category>

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		<description><![CDATA[Let&#8217;s take a look at what this means for the housing market:

If it takes 5 years before we see sustainable growth, then it&#8217;s going to be a very slow rebound to the jobs market.
If it&#8217;s going to be a slow rebound to the jobs market, then delinquencies on mortgages will continue to climb and will [...]]]></description>
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		<title>The Fed &#8211; What They Watch &#8211; and What It Means for Mortgage Rates</title>
		<link>http://mortgageratesforchicago.com/2009/11/07/the-fed-what-they-watch-and-what-it-means-for-mortgage-rates/</link>
		<comments>http://mortgageratesforchicago.com/2009/11/07/the-fed-what-they-watch-and-what-it-means-for-mortgage-rates/#comments</comments>
		<pubDate>Sun, 08 Nov 2009 00:20:00 +0000</pubDate>
		<dc:creator>Tom  Vanderwell</dc:creator>
				<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[The Fed]]></category>
		<category><![CDATA[Unemployment]]></category>

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		<description><![CDATA[An interesting analysis of the Fed, what they are watching and what it means for rates.&#160; Here&#8217;s the &#8220;plain and simple&#8221; version of what it says:

The Fed is concerned about inflation and only inflation.
The employment and capacity utilization is currently so low that the economy will have to really &#8220;heat up&#8221; before inflation would become [...]]]></description>
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		<title>A Kick in the Stomach?  by the Fed?</title>
		<link>http://mortgageratesforchicago.com/2009/11/05/a-kick-in-the-stomach-by-the-fed/</link>
		<comments>http://mortgageratesforchicago.com/2009/11/05/a-kick-in-the-stomach-by-the-fed/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 16:44:00 +0000</pubDate>
		<dc:creator>Tom  Vanderwell</dc:creator>
				<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[Meredith Whitney]]></category>
		<category><![CDATA[The Fed]]></category>

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		<description><![CDATA[Yeah, that&#8217;s right.&#160; The biggest kick in the stomach since the September/October meltdown of 2008.&#160;&#160; What is that kick in the stomach?
It&#8217;s the government&#8217;s withdrawal from the mortgage backed securities market.&#160; We&#8217;ve already talked about how the government&#8217;s market share in the residential mortgage market has climbed to an all time high.&#160;&#160; But this is [...]]]></description>
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