Fed raised interest rates again, but could pause hikes. Will mortgage rates stay above 6% much longer?

Fed raised interest rates again, but could pause hikes. Will mortgage rates stay above 6% much longer?

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The U.S. Federal Reserve raised interest rates for the tenth time in a row, but signaled a pause in future hikes. Expect mortgage rates to ease up, economists said. On Wednesday, the central bank raised its benchmark interest rate by a quarter percentage point. While it signaled that it was ready…

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