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Some foreign central banks (among them, the European Central Bank. rate on overnight loans between banks. Movements in this rate are assumed to spread to longer-term rates on business loans.

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With the average rate currently at 4.1 percent, the monthly payment for the same size loan would be. For the full mortgage Rate Trend Index, go to To download the.

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Fed officials were sharply divided in their outlook for future interest rate policy. As a result, the central bank didn’t indicate clearly whether. influences many consumer and business loans. The.

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