Mortgage rates dip to 6.6% to mark the lowest level since May 2023
Housing Wire
JANUARY 18, 2024
This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. More than 57% of investors have priced in at least a quarter-point cut in March, according to the CME Group’s FedWatch tool. The Fed next meets on Jan.
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