The Fed Made Its First Rate Cut In Four Years (Episode 121)

Housing Matters Podcast
23/09/2024 24 min
The Fed Made Its First Rate Cut In Four Years (Episode 121)

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Episode Synopsis

The fed funds rate was lowered by half a percentage point for the first time since 2020. The central bank’s latest move and its plan on future rate reductions will benefit homebuyers and home sellers in the coming months. With mortgage rates remaining near the lowest level in two years, housing activity could pick up in the fall.

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