Mortgage rates increased slightly in April, with the average 30-year fixed-rate mortgage landing at 6.73%, according to Freddie Mac. An analysis from the National Association of Home Builders notes the rising rates followed a sell-off in U.S. Treasury securities, driven …
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The Fed Announces Pause on Rate Cuts
The Federal Reserve recently announced a pause on rate cuts at the end of a January meeting, holding the federal funds rate between 4.25% to 4.5%, the National Association of Home Builders (NAHB) reports. The Fed notes the economy remains …
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