Despite market expectations, lower mortgage rates are unlikely to result from additional Federal Reserve rate cuts, as these cuts have already been factored into current market rates. However, there remains the possibility of reduced rates resulting from factors unrelated to Fed cuts, such as the potential onset of a recession.
– Lower mortgage rates not expected to be influenced by future Fed rate cuts
– Market has already priced in existing rate cuts
– Possibility of reduced rates stemming from factors unrelated to Fed cuts
– Market has not yet factored in the potential impact of a recession on mortgage rates.
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