The Federal Reserve's 25-basis-point rate cut could lower mortgage rates, presenting opportunities for homebuyers.
With SOFR at 4.04% and IORB at 3.9% on October 30, the spread between them was 14 bps, which was slightly narrower than on ...
While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.
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