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repo rates

Does Repo Rate Affect Mortgage Rate?

January 24, 2024 by Ahmed Ali

Does Repo Rate Affect Mortgage Rate? A rise or fall in the repo rate impacts both existing and future borrowers. This rate cut might get passed on to the customers by banks and financing institutions, which will translate into higher or lower monthly installments for various loans. Do mortgage rates go down when the Fed

Categories Finance and Business Tags higher rates, mortgage rates, refinance, repo rate, repo rates

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