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Mortgage rates fell more than 60 basis points last week and are holding steady today. Where rates go next hinges on whether inflation keeps slowing.
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Mortgage rates are calm today after last week's drop. Rates may remain elevated for the rest of this year and start to drop in 2023.
After dropping last week, mortgage rates are holding steady today. If inflation continues to slow, we could see rates ease sooner than expected.
Mortgage rates dropped dramatically late this week and remain low today. As inflation comes down, rates may start to drop as well.