Mortgage Rates Spike AGAIN ⬆️ | Election Jitters & Fed Moves – What Homebuyers Need to Know!

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Mortgage rates have surged to new highs 📈, leaving many buyers and homeowners wondering, 'Is this the new normal?' In this update, we break down the latest trends, including why rates are rising despite the Fed's first rate cut in years. The upcoming election 🗳️, market volatility, and uncertainty in economic policy have Wall Street on edge, impacting bond markets and, ultimately, mortgage rates.

With average 30-year fixed rates near 7%, it’s crucial to work with a mortgage broker who can find you the best rate and terms, even when lenders and banks may not offer the most competitive options. Don't settle for high rates – reach out today to explore your options and get expert guidance through this challenging rate environment.

Stay tuned for more updates, and don’t forget to like, comment, and subscribe to stay informed on the latest in mortgage rates, the Fed’s next moves, and how these shifts impact homebuyers. Thank you for watching, and let’s get you on the path to the best mortgage possible!

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Definitely gives borrowers an advantage when they have someone that’s knowledgeable to find the best option for their particular situation.

TomSpecial-jx