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How a mortgage rate cut could complicate homebuying

Por: CBS News Business January 23, 2024

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A cut in mortgage interest rates this year could come with new considerations buyers will need to account for. Getty Images Many homebuyers are relieved to turn the page on 2023, a challenging year in the housing market. A combination of high and elevated pushed at 7.31% and hovered near 7% for the rest of 2023.When the Federal Reserve kept interest rates the say in December, the committee projected , which is good news for potential homebuyers... + full article



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