moneyMortgage rates plummet, sparking new fears of a bubble

 

This is a babwnews.com article.

 

Despite most analysts’ predictions, mortgage rates dropped near record lows in the beginning of 2016.

Mortgage rates have taken an unexpected dive in the first two months of 2016. According to a report from the Washington Post, industry experts expected interest rates to increase after the Federal Reserve boosted the baseline rate, but were stunned to realize that the opposite had occurred.

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