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Long-term rates have stair-stepped down, and odds of a cut in short-term rates just rose with a poor jobs report.
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. With mortgage rates stuck near 7%, it's not ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
I believe that if the Federal Reserve had this jobs report in hand two weeks ago, they would have cut rates in the last meeting.
Rates for a 15-year fixed mortgage average 6.11% for purchase and 6.28% for refinance, up 1 basis point from 6.10% for purchase and up 14 basis points from 6.14% for refinance this time last week.
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