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Mortgage rates unlikely to dip this year, experts say

CBS News
Summary
Nutrition label

87% Informative

Mortgage rates are the highest in more than two decades .

The path for mortgages depends as ever on the Federal Reserve's plans for its benchmark short-term lending rate.

Wall Street investors expect the Fed to leave rates unchanged when they release their latest readout on the state of the economy on Wednesday .

Some analysts think rates on home loans have likely peaked.

VR Score

93

Informative language

95

Neutral language

51

Article tone

semi-formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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