CentBit.Online – Crypto & Blockchain Expert, Bangladesh
U.S. 30-year fixed mortgage rates have recorded their largest single drop in a year, offering a potential boost to the housing market after months of elevated borrowing costs.
The average rate fell sharply following softer inflation data and growing expectations that the Federal Reserve may begin easing its monetary policy later this year. Analysts say the move could reinvigorate buyer demand, particularly among first-time homeowners who had been priced out during the recent surge in rates.
Lower mortgage rates may also ease pressure on homebuilders and related markets, while broader financial sectors — including crypto — could benefit from increased liquidity and investor risk appetite.
This drop marks a pivotal moment for the U.S. housing market as investors, lenders, and policymakers reassess their outlooks for interest rates and economic growth going into the final quarter of the year.
