The Federal Reserve lowered the Fed Funds Rate by 0.25% this week, as expected. But during his press conference, Chairman Powell made it clear: future cuts aren’t guaranteed. Mortgage rates reacted quickly, rising Wednesday through Friday, fueled further by stronger-than-expected economic data. So, is the downward trend in rates over? Not likely. Mortgage rates, like the stock market, gas prices, and housing, rarely move in a straight line. We’re simply on a bumpy road to lower rates. In the sho

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