‘A welcome development’: As mortgage rates decline for a fifth week, experts say the market has tipped ‘a bit further in favor of buyers’ despite continued…
Mortgage rates continued to weaken for the fifth week in a row, after the Fed announced its seventh rate hike of the year. Sam Khater, Freddie Mac’s chief economist, points to “softer inflation data and a modest shift in the Federal Reserve’s monetary policy” for the continued drop. The latest…
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