In a surprising turn, mortgage rates have climbed 20 basis points following the Federal Reserve's recent interest rate cut. Discover why the bond market reacted negatively and what this means for homebuyers and refinancers.
The Federal Reserve's recent rate cut has sparked hope for lower mortgage rates, but experts warn that the landscape is unpredictable. As economic factors shift, what should home buyers and sellers expect in the housing market?
Mortgage rates have dropped to their lowest in a year, prompting a surge in homebuyer applications. As the market shifts, many are seizing the chance to refinance and save on monthly payments.