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Mortgage rates went up right after the Fed cut interest rates. Here’s why. - MarketWatch
The market has already priced in a Fed rate cut and is looking ahead to what’s next, which is pushing rates higher
By: MarketWatch
- Sep 20 2024
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Heres a puzzle for market watchers: Hours after the Federal Reserve cut interest rates Wednesday for the first time since 2020, mortgage rates ticked up by 4 basis points.
Why? And are mortgage rate… [+37 chars]