Mortgage rates are kicking off 2025 at their highest levels since last June – 7.15%! While many expected rates to drop with The Fed's cuts, they’ve done the opposite. Here’s why mortgage rates don’t follow Fed moves directly and what it means for homebuyers in 2025.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate