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Mortgage rates plunge to lowest level in more than a year

todayAugust 8, 2024 1

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Mortgage rates plummeted this week after weaker-than-expected employment data raised the odds of the Federal Reserve cutting interest rates next month. It’s a big step in the right direction for America’s notoriously unaffordable housing market.

​ Mortgage rates plummeted this week after weaker-than-expected employment data raised the odds of the Federal Reserve cutting interest rates next month. It’s a big step in the right direction for America’s notoriously unaffordable housing market. Read More Breaking News, Latest News and Videos | CNN 

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