Mortgage rates just tanked, and they could go even lower – The move in mortgage rates followed Fed Chairman Jerome Powell’s announcement that the central bank would end the so-called run-off. especially since so many buyers today are facing overheated home.
14-Month Rate Lows Waiting on Fed Next Week – With that in mind, I’d say that much of the recent strength in rates is based on hopes for friendly central bank policies. applied to a mortgage balance), we’re at the lows already. It’s only when.
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