Mortgage Rates Fall for a Second Week With All Eyes on the Fed

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Mortgage rates in the US fell for a second straight week, giving home shoppers a bit of a break as the Federal Reserve monitors inflation data.

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Mortgage rates inch down for second straight weekThe average 30-year fixed mortgage rate dropped closer to 7% this week, declining for two straight weeks after multiple increases in April and early May.
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The Fed indicated rates will remain higher for longer. What does that mean for you?NEW YORK (AP) — Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with...
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