RedFin
Today’s weak jobs report all but guarantees that the Fed will cut interest rates by 25 basis points at its September 17 meeting, and that’s sending rates down today to their lowest level in almost a year. Since the mortgage market is already pricing in the Fed’s expected cut…
Read More
Mortgage Rates to Fall to the Lowest Level in Almost a Year on Today’s Weak Jobs Report
Chen Zhao
13:23
Today’s weak jobs report all but guarantees that the Fed will cut interest rates by 25 basis points at its September 17 meeting, and that’s sending rates down today to their lowest level in almost a year. Since the mortgage market is already pricing in the Fed’s expected cut…
