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Updated 10 months ago on .

Fed States Rates higher for Longer
Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances. According to Business Insider, interest rates are expected to stay higher for longer with no cuts in sight until 2024-2025. Don't risk it! I've witnessed decreased credit scores, rising credit balances, and stricter underwriter guidelines. Stay informed and cautious! Check out the full article here: [Link to Business Insider article](https://www.businessinsider.com/