The housing market this week largely shrugged off the turmoil at the Federal Reserve.

The 30-year fixed mortgage rate averaged 6.56% for the week ending August 28, just slightly lower than last week’s 10-month low of 6.58%, according to data released Thursday by Freddie Mac.

The relatively muted move in rates comes against the backdrop of a legal clash between President Donald Trump and Fed Governor Lisa Cook. Some worry the fight could not only jeopardize the Fed’s political independence but may also lead to higher mortgage rates in the future.

On Monday, Trump announced he was firing Cook, accusing her of committing mortgage fraud. She has not been charged with any wrongdoing, and she filed a lawsuit Thursday challenging Trump’s attempt to remove her from her prominent role at the cen

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