The Federal Reserve just froze interest rates yet again. Here's what that could mean for mortgage rates.
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The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.
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The Fed rate pause announced on Wednesday should motivate borrowers to take these three strategic steps now.
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Summary
**Summary:** The Federal Reserve froze interest rates for the fifth time in a row, with expectations that it will remain between 3.5% and 3.75%. This decision is expected to keep mortgage rates steady. **Why It Matters:** As interest rates are crucial for determining the cost of borrowing, this
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