If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
Nov 07, 2024
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
https://www.nytimes.com/2024/11/07/business/fed-mortgage-rates.html
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