The Fed Kept Rates Unchanged, But an Industry Veteran Says 'Mortgage Rates Will Drop.' Here's Why.

Federal Reserve Chair Jerome Powell said the Fed was taking a "wait and see" approach.

May 7, 2025 - 23:16
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The Fed Kept Rates Unchanged, But an Industry Veteran Says 'Mortgage Rates Will Drop.' Here's Why.
Federal Reserve Chair Jerome Powell said the Fed was taking a "wait and see" approach.