Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

By:
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.

See the full article on mortgage interest rates, or, read more Arizona real estate investing news.