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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Mortgage Rates May Fall Before Fed's Much-Anticipated September Rate Cut: Here's Why

US Federal Reserve the Federal Reserve Jerome Powell
'Meme Stock" Surge

Mortgage rates could slip even before the Federal Reserve formally cuts rates on Sept. 17 because lenders tend to price in expectations ahead of policy moves and mortgages key off the 10-year Treasury yield more than the Fed's short-term rate.

Markets Price In September Cut Ahead Of Jerome Powell

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