Tag: inflation
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How the Fed’s Surprise Rate Cut Didn’t Affect Mortgage Rates: A Closer Look
If you haven’t heard, the Federal Reserve made a surprise 50 basis point (0.50%) rate cut last week. This is welcomed news, especially since the Fed also stated their goal is to lower rates by around 100 basis points over the next few months and years. However, the relationship between Fed rate cuts and mortgage…
PNW Real Estate Blog 