In March, the trajectory of mortgage rates humbled forecasters. Mortgage rates fell in late February as the COVID-19 pandemic spread. The forecast for March seemed logical: Mortgage rates would continue falling if the epidemic worsened in the United States. Instead, mortgage rates went up dramatically in March. The forecast for April calls for fixed mortgage...
The article Mortgage Outlook: Fed Intends to Calm Rates originally appeared on NerdWallet.
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