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‘We actually anticipated the possibility that rates would tick up after the Fed announcement,’ economist says
Published:
Hours after the Federal Reserve cut its benchmark interest rate on Wednesday by 25 basis points, mortgage rates ticked up 9 basis points.
Why did that happen? And will mortgage rates continue to climb from here?
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About the Author
Aarthi Swaminathan is a MarketWatch personal finance reporter covering residential real estate. She is the winner of a silver award for Best Collection of Work by an Individual Covering Residential Real Estate from the National Association of Real Estate Editors.
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