Fed Rate Cut- What It Means For You

[All my blogs are written without the assistance of AI. I have nothing against it, I’m just weirdly proud of that.]

Maybe you’ve heard.

Interest rates are down.

This is welcome news for everyone involved (it’s not particularly peachy as to WHY the Fed lowered the rates, i.e a poor job market and consumer index score, but a win is a win and we’re focusing on the positives here… at least we’re trying to.)

Once again I want to be clear… this is NOT a black Friday sale! If you’re not in the comfortable position to buy, by all means don’t. You’re allowed to wait until it’s financially feasible for you to purchase. Granted, if that time is now and you’re just on the fence trying to time the market, then I would advise to jump now. Prices are only going to continue to rise, and if you have the means now USE THEM.

This has been my PSA 🙂 

Rates are now around the 5-6% range, which translates into some families being awarded around 50 grand back into their home shopping budget.

*taps mic*

Did you hear that??

50 GRAND.

That’s alot of mula.

If you’ve been on the fence this spring and summer, this should come as welcome news, and I’m certain I’m not the only one that feels the relief.

Looking to jump in and get a house before the holidays?

Let’s chat 🙂 

Until next time.