The Fed kept rates steady (again), but said that a rate cut on Sept 18 was definitely "on the table" given progress on inflation and the recent rise in the unemployment rate. The bond market rejoiced, helping to send average mortgage rates near 6.6%. Hope you enjoy this important (and encouraging) update!
#housingmarket #realestatenews #housingmarketupdates #realestatemarket #mortgage #realestate #whatsupwithrealestate
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