Mortgage rates drop to 3-year low ahead of Fed meeting

Published Tue, Sep 16 20254:20 PM EDTUpdated Tue, Sep 16 20255:34 PM EDT

By:Diana Olick

watch nowVIDEO01:11Property Play: Walker & Dunlop CEO says mortgage rates may actually rise on a Fed cut

Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. LEARN MORE…

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