If you’ve paid attention lately, you may have noticed that mortgage rates dropped by a sizable amount over the past week. And today, Freddie Mac confirmed the drop, saying the…
Tag: mortgage rates
Is the Best Cure for High Mortgage Rates, High Mortgage Rates?
There’s an old adage in the commodities market that says, “the best cure for high prices is, high prices.” No, it’s not a typo. The logic is basically that an…
Mortgage Rates vs. Fed Announcements
Tomorrow, the Fed is expected to raise the target federal funds rate by 0.25%, the first such increase since December 2018. The move has been telegraphed for months, if not…