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Uncategorized • July 27, 2024

Inflation Is Trending Down

by Bailee Dickson

INFLATION TRENDING DOWN

Inflation is cooling – and that’s a good sign for mortgage rates. As the rate of inflation gets closer to the Fed’s target of 2%, they may lower the Federal Funds Rate. When they do, mortgage rates are likely to respond. But this isn’t the only factor at play. For the latest updates on what’s happening, follow me. #housingmarketupdate #mortgagerates #keepingcurrentmatters

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