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2025-12-13 00:42:13
Following the Federal Reserve's rate cut, mortgage rates are hovering near 2025 lows: the average rate for a 30-year fixed mortgage in the U.S. has risen slightly to 6.22%, but remains below the year-to-date average. Previously, Federal Reserve Chairman Jerome Powell warned that the structural supply shortage in the housing market would "continue to put it in a difficult position," and that even rate cuts by the Fed would not fundamentally alleviate the situation.
