Rebounding mortgage rates dampen homebuyers’ appetites

by Matt Carter

After hitting a 2025 low on Oct. 28, mortgage rates continue to rise as hopes dim for a December Fed rate cut. Futures market investors on Wednesday saw only a 34 percent chance of a Dec. 10 rate cut, down from 94 percent in October.

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Jay Sener

+1(619) 846-1050

jay@sandiegojay.com