Freddie King said it best! Interest rates are goin’ down!
Yes. traders expect The Fed to cut their target rate from 5.50% (current rate) tp 4.297% by the December meeting. That is a whopping 120 basis points.

And expect another 100 basis points of cuts by the September 2025 Fed FOMC meeting. Down to 3.232%.
Mortgage rates will fall.

Like the Roman Empire. Et tu Kamala?

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