Mortgage Rates Remain Above 7% as Resilient Economy Keeps Rates Steady =============== #4f691011 ver:0.9 Mortgage rates remain above 7% as the resilient economy keeps rates steady. Inflation data will drive movement in rates, with a slight decrease possible. The possibility of a rate cut before year-end has been indicated. Rates are unlikely to swing majorly in July, hovering in the high 6% range. A drop in bond yields could signal relief for homebuyers, with rates potentially falling to 6%. Falling rates would encourage buyers, but may not significantly impact the housing market. Mortgage rates rose slightly over the past week, with the economy remaining resilient. The odds of the Fed lowering rates appear low. #MortgageRates #Economy #HousingMarket... #newstr #MortgageRates #UsEconomy #FederalReserve #Inflation #JobOpenings #Homebuying #Election https://here.news/story/4f691011?ver=0.9