Mortgage Rates Were Falling Before Fed Signaled Rate Cut

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The Federal Reserve is prepared to cut interest rates this week for the first time since 2008, but the biggest source of debt for U.S. consumers—mortgages—has been getting cheaper since late last year.

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Mortgage Rates Touch 4-Year High as Benchmark Bonds Take a Hit

realtyexperts Real Estate News

Rates for home loans have reached a nearly a four-year high as investors abandoned bonds in the face of stronger signs of inflation and central bank tightening, sending yields on debt higher.

The post Mortgage Rates Touch 4-Year High as Benchmark Bonds Take a Hit appeared first on Real Estate News & Insights | realtor.com®.