Fed Rate Cut, But Mortgage Rates Up: What Gives?

Anyone who works in the industry probably saw this coming. But those who don’t might be left scratching their head. Yesterday, the Fed finally pivoted and cut its own fed funds rate, yet mortgage rates went up. Why does this always seem to happen? Shouldn’t good news on the interest rate front push rates lower… Read More »Fed Rate Cut, But Mortgage Rates Up: What Gives?

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