Will Fed rate cuts stop the housing market roller coaster?
Edgar DeJesus • September 9, 2024
Will Fed rate cuts stop the housing market roller coaster?
“Fed interest rate cuts in general will bring about lower [mortgage] rates, which is a definite boost to the housing market,” says Greg McBride, CFA, chief financial analyst for Bankrate. “But it won’t happen overnight or as a knee-jerk reaction to the Fed’s initial interest rate cut.”
Read more at:
https://www.bankrate.com/mortgages/will-fed-rate-cuts-fix-housing-market/
Written by: Andrew Dehan Edited by: Michele Petry
Edgar DeJesus
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Mortgage Advisor / Branch Manager
Treasure Coast Home Loans
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Email: Edgar@treasurecoasthomeloans.com
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