Fixed home loan rates to fall below 2% over the next year and a half, says mortgage broker

Quick Summary:

The election of Donald Trump raises inflation concerns which could mean fewer rate cuts in 2025.

Any fall in home loan rates will be welcome news for existing mortgage borrowers.

Inflation has been falling in the United States but an uptick after Trump returns to the White House could put the Federal Reserve on course for fewer rate cuts in 2025.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: News 99/month Rates Inflation Access Months Stories Loan Trump Subscriber-only Unlimited

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 05:00:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 172 words

Reading Time: 1 minutes read

Sentences: 11 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23640335

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 10 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 52 minutes ago

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Publisher ID: #25

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