Mortgage rates decrease in anticipation of Federal Reserve cuts, impacting homebuyers and refinancers.
Mortgage rates have decreased in anticipation of upcoming cuts by the Federal Reserve. Analysts note that current mortgage rates are already incorporating expectations of these policy changes, suggesting a proactive market response. This shift indicates potential relief for homebuyers and homeowners looking to refinance, as market conditions adapt to the expected adjustments in monetary policy.
September 12, 2024
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