top of page

HOUSING MARKET AND ECONOMY EXPECTED TO BENEFIT FROM FED SLASHING INTEREST RATES

  • NEWS Desk Global
  • Sep 20, 2024
  • 1 min read



Home buyers, sellers and realtors are celebrating on the heels of the Federal Reserve's decision Wednesday to lower the lending rate a full half-point. Mortgage rates could start dropping a bit in the next few weeks, which is expected to impact the real estate market.

Some experts believe a half-percent drop by the Fed will grab the attention of owners sitting on the fence worried about whether they can afford to buy a new home if they sell the one they are living in now.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page