Mortgage rates hold steady ahead of Powell's Jackson Hole speech
Briefly

“Even if the Fed had cut rates three times already, they would still be in restrictive policy.” This highlights the complexities of understanding current monetary policy dynamics.
“Recent declines in mortgage rates have stoked optimism across the real estate and mortgage sectors after a tepid spring and summer of home sales.” This shows how interest rate trends can impact housing market optimism.
Read at www.housingwire.com
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