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3 ways mortgage interest rates could drop this August

Por: CBS News Business July 26, 2024

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There are multiple ways in which mortgage rates could drop this August. Getty Images/iStockphoto Homebuyers who didn't take advantage of record-low mortgage interest rates in 2020 and 2021 have had to cope with exponentially higher rates ever since. Thanks to and a concentrated effort by the Federal Reserve to tame it, the soared last year to its highest level in decades. And soon followed, hitting their highest point since 2000. As... + full article



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