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MORTGAGE RATES AT 12-MONTH LOW—IS THIS THE RIGHT TIME TO MAKE YOUR REAL ESTATE MOVE?
Did you know that mortgage rates are NOT tied to the Federal Reserve? Last September 2024 when the Fed dropped their rate, mortgage rates actually spiked upward. Experts are predicting that mortgage rates have already made their drop to a 12-month low and are not predicted to move precipitously next week. Is this the right time for you to buy a home or refinance?
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