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Will trillions in stimulus push mortgage rates over 5%?

stimulus

Whether we personally were infected by COVID-19 or not in the past year, we all suffered the pains of a sick economy as members of the American family. Now that the economy is on the verge of reopening, we can anticipate the release of pent-up demand for labor along with increased spending in specific sectors of our economy. Government disaster relief that kept the unemployed afloat last year will be with us for most of this year, too.  However, Biden’s proposed fiscal stimulus package of around $3 trillion for infrastructure, education and details ⇒

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