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Mortgage Rates Dip Slightly Amid Economic Calm | Fort Wayne News
Mortgage rates dipped just four basis points to 6.59%—a tiny but welcome stablization after July’s rollercoaster. Inflation cooled slightly to 3.4%, aligning with forecasts and easing economic pressure, though the Fed’s 2% target remains out of reach. Global tensions and volatile oil prices pushed rates up earlier this month, but a weaker jobs report helped pull them back down. For homebuyers, this steadiness offers breathing room to budget and plan without constant recalculations—but don’t get complacent. With geopolitical risks and upcoming data looming, lock in a rate when it fits your…
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