[ ](https://www.realtor.com/news/real-estate-news/fed-rate-cut-december-mortgage-interest/) [Fed Cuts Interest Rate by a Quarter Point, but Don’t Expect Big Declines for Mortgages Yet](https://www.realtor.com/news/real-estate-news/fed-rate-cut-december-mortgage-interest/) The Federal Book has actually made one more decrease to its benchmark rate of interest, however it might not imply unavoidable alleviation for home loan prices.
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