The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

accurate mortgage rates

Why the Media is Not Your Friend When It Comes to Mortgage Rates

By Scott Sheldon / August 7, 2024

When it comes to understanding mortgage rates, relying solely on media sources can be misleading. The best barometer for where mortgage rates truly stand is the actual source: FreddieMac.com. This is the entity that buys the loans made and sold by mortgage aggregators. When you see headlines claiming that interest rates are lower or have…

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