Mortgage Rates Likely to Fall

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mortgage interest rate

CBS News

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How far will mortgage interest rates fall this October?

Summary

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82% Informative

The Federal Reserve issued its first interest rate cut since 2020 earlier this month .

Today 's mortgage interest rate on a 30-year loan is now hovering just over 6% , many prospective buyers may be wondering about the potential for that rate to fall even further.

But how far, exactly, will mortgage interest rates fall next month ?.

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informal

Language

English

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