Mortgage Rates Rise Slightly but Remain Lowest in a Year

Reported about 2 months ago

Mortgage rates have increased slightly this week, with the average 30-year fixed rate reaching 6.49%, up from 6.47% the prior week. This remains the lowest level in over a year as markets await potential interest rate cuts from the Federal Reserve in its upcoming policy meeting. Yahoo Finance's Dani Romero discusses the implications for home buyers and sellers.

Source: YAHOO

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