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Lowest Mortgage Rates in Years
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Mortgage rates in the US have reached their lowest levels since May, providing relief to homebuyers and potentially boosting the housing market. The decline is attributed to the Federal Reserve's shift in monetary policy, leading to lower mortgage rates and increased mortgage applications.
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How could the depleted inventory for sale affect the housing market and affordability for homebuyers?
How might the Federal Reserve's shift in monetary policy impact the overall economy?
What strategies could homebuyers adopt to maximize the benefits of lower mortgage rates?
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