🏠 Rates Just Went Up—What Buyers and Sellers Need to Know
Many buyers expected interest rates to start moving lower. Instead, the latest headlines delivered the opposite. On September 16, the Federal Reserve raised short-term rates by a quarter point to 3.75%–4%. Freddie Mac reported the average 30-year fixed mortgage rate at 6.95% on September 17—bringing rates back near 7%. Not exactly the news buyers were […]
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