Reported 1 day ago
As the Federal Reserve is expected to cut interest rates soon, mortgage rates have already begun to decline, with the average 30-year fixed rate dropping to 6.38 percent. However, forecasts for mortgage rates vary widely: they could rise as they did after previous cuts, stabilize within a narrow range, or continue to fall if the Fed maintains a cutting stance amid economic weakness. The complex factors influencing mortgage rates suggest uncertainty, leaving buyers and borrowers to navigate a highly dynamic market.
Source: YAHOO