Mortgage rates drop to 3-year low ahead of Fed meeting

Science

Mortgage Rates Drop To 3-Year Low Ahead Of Fed Meeting

By CNBC

Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage dropped 12 basis points from Monday to 6.13%, ac ...Read more

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