Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

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Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.

Greater Phoenix In Business Magazine

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17% of Homeowners with Mortgages Have an Interest Rate of at Least 6%, the Highest Share in Nearly a Decade - Greater Phoenix In Business Magazine

Nationwide, 17.2% of U.S. homeowners with mortgages have an interest rate greater than or equal to 6%, the highest share since 2016, according to a new report from Redfin, the technology-powered real estate brokerage. That’s up nearly five percentage points from 12.3% in the third quarter of 2023. If this growth rate were to continue, which is feasible, the share of homeowners with a rate of at least 6% would nearly double in the next three year…

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For clients who take out a mortgage in a bank, the situation is complicated by problems with the real estate cadastre