Mortgage Rates Fall to 3-Week Lows After Fed

Mortgage rates fell moderately today, largely in response to the Federal Reserve’s policy announcement.  Federal Reserve Chairman Jerome Powell issued his strongest statement yet Wednesday that the central bank has changed its outlook regarding interest rate hikes. “The case for raising rates has weakened somewhat,” Powell said during a news conference following this week’s two-day Federal Open Market Committee Read more about Mortgage Rates Fall to 3-Week Lows After Fed[…]