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Election Market Magic: Mortgage Rates Drop Below 7%—Jump In!

As election season unfolds, the financial world has witnessed something unexpected: mortgage rates have fallen below 7% for the first time in weeks. It’s a surprising turn in the market—especially considering that the Federal Reserve’s recent rate cut was largely anticipated and had no direct connection to the sharp drop in rates. In fact, much of this shift can be traced back to the volatility...

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