The Fed Cuts, but Weekly Mortgage Rates Rise

Category: Finance

Despite the Federal Reserve cutting short-term interest rates, mortgage rates increased, signaling concerns over persistent inflation and economic uncertainty. The divergence between the mortgage market and the Fed's outlook highlights differing expectations about fiscal policy and its impact on inflation and interest rates.

Keywords: Mortgage Rates, Federal Reserve, Inflation

Source: WFXG

Update At: 12/19/2024

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