Edward Arce Realtor

Mortgage Rates Fall on Fed Rate Cut Expectations - The 30-year fixed-rate mortgage dropped to 6.2% as of November 25, marking its lowest level in a month, with a drop of 12 basis points in a day according to one survey.
This sharp decline followed a fall in the 10-year Treasury yield, driven by financial markets betting on the likelihood of future Federal Reserve interest-rate cuts.

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