Associated Press
The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn’t guarantee mortgage rates will keep dropping. Mortgage rates have been declining since late July, with the average 30-year mortgage rate at 6.35% last week. Ho…
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Fed rate cut: What it means for mortgage rates and the housing market
Alex Veiga
21:23
The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn’t guarantee mortgage rates will keep dropping. Mortgage rates have been declining since late July, with the average 30-year mortgage rate at 6.35% last week. Ho…
