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Mortgage rate trends show rise even as the Fed cuts interest rate

In another indignity for prospective homebuyers, a stronger job market may mean relief comes slowly.

By: The Boston Globe

Oct 17 2024
32
2798 Views

Mortgage rate trends show rise even as the Fed cuts interest rate — Mortgage rate trends show rise

The impact? It’s been pretty much as expected: a boost for stock market investors and so-so news for savers. But for prospective homebuyers, it’s brought more frustration: Mortgage rates have actually risen in recent weeks. It’s been a month since th... [3511 chars]

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