Long-term mortgage rates flat to higher; 30-year at 3.75%
WASHINGTON — U.S. long-term mortgage rates were flat to slightly higher this week, hovering around three-year lows after the Federal Reserve’s cut in its benchmark interest rate for the first time in a decade.The Fed announced the landmark rate cut Wednesday after a two-day meeting of its policymakers. Mortgage buyer Freddie Mac said Thursday the … Continue reading Long-term mortgage rates flat to higher; 30-year at 3.75%
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