Fed Cuts Interest Rate by a Quarter Point
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.
The post Mortgage Rates Rise to 6.72% Amid 'End-of-the-Year Uptick in Activity' appeared first on Real Estate News & Insights ...
Mary Tyler Moore’s eight-figure home in Greenwich, Connecticut is still looking for a buyer. The asking price for the late ...
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3don MSN
The average rate on a 30-year mortgage is now the highest it’s been since Nov. 27, when it was at 6.81%.
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