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Mortgage Rates May Experience Decline in Late 2023

According to Chief Economist Mark Fleming, if inflation decelerates toward the Fed’s target range in the second half of 2023, as is currently expected, it’s possible that mortgage rates may decline modestly in the latter half of the year.

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Credit Scores Improving Nationwide

A new study from QuoteWizard showed credit scores increased significantly during the first year of the pandemic, with the average American credit score bumping up by half a percent between 2020 and 2021.

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