Consumer Affairs - The Federal Reserve’s recent rate cut — its lowest since 2022 — is already reshaping the housing market.
● The typical monthly housing payment is down 1.4% year over year
● Pending home sales are up 1%
● New listings climbed 4.6%
● And more buyers are entering the market as affordability improves
Still, analysts warn that while rates have dropped, additional cuts may be limited in the near term. If you’re considering buying, refinancing, or simply exploring your options, acting now could help you lock in a lower rate while they last.
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