Mortgage Rates Are Closing In on 7% After the Fed Rate Cut. Today’s Rates, Dec. 20, 2024

Many expected mortgage rates would end the year close to 6%. Instead, they’re on the brink of 7% following another Fed rate cut. Here’s why.

Mortgage Rates Are Closing In on 7% After the Fed Rate Cut. Today’s Rates, Dec. 20, 2024

c|net

Check Also

DOC finalizes semiconductor awards totaling nearly $7 billion for Samsung, Texas Instruments and Amkor

The US Department of Commerce on Friday announced its awards for Samsung, Texas Instruments and …