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For home shoppers, the Fed’s big cut is likely just a small step towards affording a home

By Financial Post - 6 hours ago
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager to refinance should temper their expectations of a big drop in mortgage rates from here. While the Fed doesn’t set mortgage rates, its policy […]

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