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Mortgage Rates Continue to Come Down

June 15, 2023 by Jim Emond

June 15, 2023
Mortgage rates decreased slightly this week in anticipation of the pause in rate hikes by the Federal Reserve. As inflation continues to decelerate, economic growth is slowing and the tightening cycle of monetary policy is reaching its apex, which means mortgage rates are expected to decrease later this year and into next.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

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