Mortgage rates fell to low levels during the pandemic, dropping below 3% as real estate prices soared. But subsequent issues with inflation ultimately caused the Federal Reserve to raise its benchmark ...
Following its March meeting, the Federal Reserve did not change the federal funds rate, keeping the target rate at a range of 5.25-5.50%. A few months ago, many experts predicted that the Fed would ...
Mortgage rates have fallen in seven of the last eight weeks. The downward-trending graph for interest on new home loans has got to be at least a little encouraging for buyers and sellers heading into ...
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