Daily mortgage rates for July 24, 2024: Rates for 30-year terms steady, while 15-year terms ease
Mortgage rates for 30-year fixed terms are steady as of Wednesday, July 24, 2024, with 15-year terms easing moderately ahead of the Federal Reserve's rate-setting session next week. With inflation cooling but not yet at the Fed's target 2%, the Fed is expected to hold the benchmark rate where it is for an eighth time, pushing an anticipated rate cut to later this year.
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