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Will a Rate Cut Bring Quick Relief to Homeowners? | Presented by CME Group
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August 9, 2024
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1:28Now PlayingThe Fed’s determined efforts to bring down inflation had inevitable consequences for the housing market, with increases in the Fed Funds Rate driving mortgage rates to an October 2023 peak of 7.79%. But with a September rate cut seemingly a foregone conclusion, how soon can homeowners expect some relief? Presented by @cmegroup
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