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What will happen to home prices if mortgage rates fall?

Por: CBS News Business January 29, 2024

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If mortgage rates fall then buyers hope home prices will, too. But it may not be that simple. Getty Images While the Federal Reserve wants to see inflation heading toward 2.0%, December 2023 brought an increase of 0.3%, moving the up to 3.4%.Still, many expect the federal funds rate to stay at this month and decrease later this year. But what will that mean for the housing market overall - and prices, in general? If mortgage rates decrease in... + full article



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