Archive for September, 2024

FED CUT RATES TO 1/2 POINT, WHATS DOES DO FOR REAL ESTATE?

A half-point rate cut would send a signal to the market that the Fed is serious about reversing the “lock-in” effect that makes homeowners with low-rate mortgages reluctant to sell in a high interest-rate environment. If the Fed reverses course as aggressively as it raised rates, financing costs would go down, creating a flood of […]