Mortgage rates fall sharply after negative GDP report and Fed’s latest hike

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1 month ago
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Mortgage rates fall sharply after negative GDP report and Fed’s latest hike

Published Friday 29 July 2022

The average rate on the popular 30-year fixed mortgage fell to 5.22% on Thursday from 5.54% on Wednesday. "This is an exceptionally fast drop!" wrote Matthew Graham of Mortgage News Daily. The rate fell even further Friday to 5.13%. The slide in mortgage rates came after a negative GDP...

Business Economics Business Personal Finance Dow Jones Economy Fed Federal Reserve Gross Domestic Product Linus Business Mortgage News Daily Mortgages Real Estate Real Estate Brokerage Real Gdp The Federal Reserve U S Gdp U S Treasury

Details About the Article "Mortgage rates fall sharply after negative GDP report and Fed’s latest hike"

This article was originally published by CNBC and was recommended by Realty48.com a couple of days later due to its popularity. It has gotten a lot of attention and 119 comments have been submitted since it was published in July of 2022. The article "Mortgage rates fall sharply after negative GDP report and Fed’s latest hike" is a news post and categorized as Realty by realty48.com and the main topics includes Business Economics, Business Personal Finance, Dow Jones, Economy, Fed, Federal Reserve, Gross Domestic Product, Linus Business, Mortgage News Daily, Mortgages, Real Estate, Real Estate Brokerage, Real Gdp, The Federal Reserve, U S Gdp & U S Treasury.

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