The Federal Reserve tempered expectations by indicating plans to cut rates just once by the end of the year, down from an estimated three cuts that were anticipated back in March.
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Average fixed mortgage rates fell slightly this week, with the 30-year rate continuing last week’s dip below 7%. The average rate on the 30-year fixed-rate mortgage fell to 6.84% in the week ending June 13, according to rates provided to NerdWallet by Zillow, a decrease of five basis points from the previous week. A basis...