BluePerspectives

Mortgage rates dip below 7 percent after Fed forecasts rate cuts

According to new data released by Freddie Mac on Thursday, U.S. mortgage interest rates have dropped below 7 percent. This is the first time they’ve done so since August. Mortgage rates have been steadily falling for the past seven week as inflation has eased. The latest dip follows indications from the Federal Reserve Wednesday that interest rates may come down.

 According to new data released by Freddie Mac on Thursday, U.S. mortgage rates decreased below 7 % for the first time since August. The Federal Reserve announced on Wednesday that interest rates could fall, and mortgage rates have been steadily declining for the past seven weeks as inflation has subsided. According to new data released Thursday by Freddie Mac, U.S. mortgage rates decreased below 7 % for the first time since August. The Federal Reserve announced on Wednesday that interest rates could fall, and mortgage rates have been steadily declining for the past seven weeks as inflation has subsided. 

According to new data released by Freddie Mac on Thursday, U.S. mortgage interest rates have dropped below 7 percent. This is the first time they’ve done so since August. Mortgage rates have been steadily falling for the past seven week as inflation has eased. The latest dip follows indications from the Federal Reserve Wednesday that interest rates may come down.

  

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