A variable−rate mortgage can make sense for those who are incredibly bullish that inflation and interest rates will fall sharply, but overall it’s a tough bet, she said. “The spread on a variable to a fixed rate right now is just too high for that theory to make sense for me.”...
The upbeat economic data has sparked some speculation that the Fed might decide to skip a rate reduction in December or cut rates more slowly next year. On Friday, the government will issue its last major economic data before the presidential election: the October jobs...
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