30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut

The New York Times - Business:

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.

Danielle Kaye
Author: Danielle Kaye

This post first appeared in The New York Times - Business. Read the original article.