Federal Reserve Pauses Interest Rate Hikes 11/1

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Real Estate

Good news for home buyers - the Federal Reserve did not raise interest rates yesterday.

The current average mortgage rate is 8.02% down from 8.05% earlier this week. 

Depending on a number of economi factors, interest rates may vary next year. Time will tell.

For more details see the link below.

 

Feds Hold Line on Interest Rate Increase November 1