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mortgage ratesVOA
•
78% Informative
The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months .
The Fed signaled last week that cooling price pressures and a slowing labor market mean a rate cut could be on the table as soon as next month .
The drop in interest rates also gives some people who bought homes when rates were higher the option to refinance and reduce payments.
Refinancing applications rose sharply to the highest level in two years .
VR Score
89
Informative language
95
Neutral language
59
Article tone
semi-formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
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