Hi Friend, Most experts project the Fed will start cutting the Federal Funds Rate this month. While the Fed doesn’t control mortgage rates, a cut can have an impact. It should help keep the downward mortgage rate momentum going, especially if inflation and the economy continue to cool. If you want to talk more about what that means, contact me. I'm available and looking forward to hearing from you!
Here’s the good news that may surprise you: typically, Presidential elections have only had a small, temporary impact on the housing market. But your questions are worth answering, so you don’t have to pause your plans. Best, Jeff |