Mortgage Rates Stabilize Despite Fed Cuts

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Source: Morningstar
Mortgage Rates Stabilize Despite Fed Cuts
Photo: Morningstar
TL;DR Summary

Mortgage rates have decreased from their peak above 7% earlier this year but are expected to remain around 6% through 2026 due to persistent inflation concerns and bond market trends, making a return to ultra-low rates unlikely in the near future.

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