Mortgage Rates End the Week Slightly Higher
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Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in March 2025 and beyond.
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
Inflation is holding just above the Federal Reserve’s target rate of 2 percent, and the central bank has yet to lower its benchmark rate in 2025. Add up those key variables, and mortgage rates ...
With all the Fed drama last week, the 10-year yield declined and mortgage rates fell to 6.72%. This small move helped stabilize the market.