Mortgage rates have been climbing since mid-December, with an average 30-year fixed-rate mortgage reaching 6.96% in January, before easing after the bond market stabilized following President Donald Trump’s postponement of tariffs until Feb. 1, the National Association of Home Builders …
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Interest Rate Cuts Should Help Homebuilding Market
Interest rates rose in 2022 and 2023, causing single-family home production to fall. But as the Federal Reserve is on track to cut interest rates during the second half of the year, production should begin its upward path, according to …
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