Mortgage rates remained relatively stable on Friday, with loan originators attributing the lack of significant change to the Federal Reserve’s recent 25-basis point cut. This adjustment had already been factored into the market, leading to minimal fluctuations in interest rates for potential homebuyers.
Key points:
– Mortgage rates showed little movement on Friday
– Loan originators noted that the 25-basis point cut by the Federal Reserve had already been anticipated
– Market stability resulted in minimal changes for borrowers seeking home financing opportunities
You can read this full article at: https://www.housingwire.com/articles/mortgage-rates-havent-budged-after-the-jobs-report/(subscription required)
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