Rates Drop Again but Economists Say Momentum Depends on Ceasefire

by Beth McGuire

Economists continue to be cautious about the direction of mortgage rates, saying the spring market outlook remains unclear and further decreases could depend on weather the ceasefire in the Middle East remains intact.  The average mortgage rate ticked down 7 basis points to 6.30%, down from 6.37% last week, according to the latest Primary Mortgage… The post Rates Drop Again but Economists Say Momentum Depends on Ceasefire appeared first on RISMedia.
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