Why industry experts don’t expect mortgage rates to fall

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses.

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Record-high mortgage rates have frozen the housing market, forcing loan officers to find business outside their wheelhouses.

Despite new language in the Federal Open Market Committee statement that suggested a potential slowdown in curbing inflation, Federal Reserve Chairman Jerome Powell maintained a hawkish tone on raising the federal funds details ⇒

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