"Before the Fed’s latest decision, Redfin’s chief economist called for mortgage rates to fall from around 7%to about 6.6% over the course of next year; the Mortgage Bankers Association predicted rates would fall to 6.1% in the fourth quarter of next year, and Moody’s chief economist, Mark Zandi, said he expected mortgage rates to settle between 5.5% and 6% in the long run."
Read this story from "Fortune" for free without being tracked.
#mortgage #rates #inflation #market #FederalReserve #Graham #Fed’s