What Homebuyers Shouldn’t Do Before a September Rate Cut, According to Experts

CBS News, Aug. 13, 2025-Sharon Wu
As the Federal Reserve prepares for its September meeting, mortgage applications have dropped, recently reaching their lowest point since May, according to the Mortgage Bankers Association. Prospective homebuyers and homeowners who want to refinance their mortgage loans are hoping for rate cuts that could bring relief from today’s rates, which average around 6.75% currently.
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