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Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

Por: Forbes Business November 19, 2022

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Getty Images Key Takeaways Mortgage rates have been rising since the start of 2022, thanks to the Federal Reserve raising interest rates to combat inflation. When a recent consumer price index report came in with lower-than-expected inflation, mortgage rates dropped, even though the Fed recently increased rates for the sixth time. Here is what is happening with mortgage rates and where they might be going in the coming months. Where mortgage... + full article



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