Will mortgage interest rates drop in July? 4 things to consider now
Inflatie
June was certainly an eventful month in the interest rate environment. A report released on June 10 showed inflation surging in May past 4%, bringing it to its highest level in more than three years. And a Federal Reserve meeting later in the month ended with the Federal funds rate frozen once again, with the possibility of an interest rate hike now looming for later in the year. This has all left homebuyers and owners looking to refinance in a markedly worse financial position than they were
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