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Retrieved on: 2024-03-11 15:21:13
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Summary
The article outlines the current state of mortgage rates, influenced by high-interest rates due to inflation and the Federal Reserve's actions. Experts predict rates might drop later in 2024 despite expectations of stability after the March Fed meeting. The text touches on financial services like mortgages, exploring fixed-rate mortgages, and mentions institutions like Fannie Mae in the context of the housing market and related economic events like the Subprime mortgage crisis.
Article found on: www.cbsnews.com
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