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Housing Market

mortgage rates

Mortgage Rates: Does the Federal Reserve Drama Really Matter?

Mortgage rates inched up this week, averaging 3.46 percent for a 30-year, fixed-rate loan, up from 3.43 percent last week. Last year at this time, rates were 3.89 percent, according to Freddie Mac. While mortgage rates are very likely to stay low in the near and medium term, there was some drama with the Federal […]
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