Mortgage Rates Hold Steady as Fed Meeting Looms

Expectations mount for Federal Reserve to maintain current interest rates, influencing borrowing costs.

Average 30-year fixed mortgage rates remain below 7%, with slight fluctuations noted.
The Federal Reserve is anticipated to keep the federal funds rate steady at its upcoming policy meeting.
Economic indicators, including job growth and inflation, play a crucial role in rate decisions.
Homebuyers and refinancers are advised to monitor Fed announcements for potential rate changes.
Current mortgage rates are influenced by credit scores, down payments, and loan terms.