Inflation just fell. Will mortgage rates fall next? Here's what to consider.
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There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more than 100,000 jobs, a Wednesday report revealed. And Friday brought positive news on the inflation front as that rate also dropped, from 2.7% to 2.4%. That puts inflation closer to the Federal Reserve's target 2% goal, and it will help keep costs in check for Americans, even if inflation overall is
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