Keller Williams Southern Arizona

What to Expect When there is a Rate Cut

by Lois Berman 10/01/2024

As a realtor, I keep a close eye on economic trends that impact the housing market, and the Fed's interest rate decisions are at the top of that list. Recently, the Fed shifted its focus from controlling inflation to concerns about the job market, leading to an aggressive 50 basis point cut to kick off a new easing cycle. This change can have a big impact on mortgage rates, home affordability, and buyer behavior. If you're thinking of buying or selling, it’s important to understand how this shift might affect you. Have questions? Feel free to message me—let's discuss what this could mean for your real estate goals!

About the Author
Author

Lois Berman

Hi, I'm Lois Berman and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.