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Stacey A. Barowich Market Leader

NMLS ID: 195048

Market Update

Aerial of Houses in California Suburbs

August 23, 2019

Divided Fed likely to cut rates in September

The 30-year fixed-rate mortgage average went down again this week, according to Freddie Mac. As we inch closer to the all-time low, more people are eligible for a refinance and it might actually spur an increase in inventory. We break down why this is happening.