Mortgage Interest Rates for June 1, 2023: Rates Ease
[ad_1] A couple of important mortgage rates fell over the last seven days. Both 15-year fixed and 30-year fixed mortgage rates declined. Meanwhile, we saw a rise in the average rate of 5/1 adjustable-rate mortgages. On the heels of cooling inflation, the Federal Reserve announced on May 3 a 25-basis-point increase to its benchmark short-term …
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