Mortgage Interest Rates Today, October 6, 2024 | Rates Up as Big Fed Cuts Become Less Likely

By Business Insider | Oct 6, 2024 at 06:56 AM EST

Affiliate links on this page are from partners compensating the site. Mortgage rates averaged 5.74% in September and are trending closer to 6% this month. The strong labor market data indicates the Federal Reserve may not need to aggressively cut interest rates this year, impacting mortgage rates.

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