October 15, 2024

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Mortgage Rate Cuts 2024

Mortgage Rate Cuts 2024. The committee now projects the fed funds rate will end 2025 roughly 70 basis points lower than in its june summary of economic projections. The federal reserve just made its first interest rate cut, which can influence mortgage rates.


Mortgage Rate Cuts 2024

In reality, rate cuts have the potential to change a lot of people’s financial. Realtor.com expects average rates to fall to 6.5%, while fannie mae predicts 6.7%.

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