Mortgage Updates

Third rate cut in a row! Here’s what it means for your wallet 💸

The 🇺🇸 Federal Reserve lowered the federal funds rate by 0.25%, bringing the range to 3.5–3.75%,
~the lowest since November 2022. (This is the third consecutive cut, reflecting the Fed’s careful approach amid elevated uncertainty.)

Key Takeaways:
• Inflation: Up since earlier this year and remains somewhat elevated
• Employment & Inflation Goals: Fed is committed to maximum employment and returning inflation to 2%
• Risks: Downside risks to employment have risen; Fed remains data-dependent and ready to adjust policy if needed
• Dot Plot: Only 1 rate cut in 2026
• Reserves: Committee will purchase short-term Treasuries as needed to maintain ample liquidity
• Dissenting Votes: 3 total (1 bigger cut, 2 no cuts)

Jobs/Data Context:
• No full October unemployment rate (shutdown)
• October payrolls rolled into Nov report (Dec 16)
• September jobs added 50k

💡 Bottom line: Rates are at multi-month lows, inflation and employment remain central, and Dec 16’s jobs report is the key next milestone. DM me to plan your next move

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🔄 New loan, who dis? 🏡💰

Look, even the best game plans need a refresh. If your mortgage isn’t working for you anymore, it’s time to switch things up! Refinancing could mean a better rate, lower payments, or even some extra cash in your pocket. (Because who doesn’t love that? 💸)

Don’t stay stuck in the past—let’s upgrade your strategy. DM me today, and let’s see what a new rate can do for you! 📩🏡

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