The Ristine Team
09/05/2024
Ristine Team Real Estate News for you.
Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down.
Why a Federal Funds Rate Cut Matters
The Federal Funds Rate is one of the key factors that influences mortgage rates – things like the economy, geopolitical uncertainty, and more also have an impact.
When the Fed cuts the Federal Funds Rate, it signals what’s happening in the broader economy, and mortgage rates tend to respond.
As Mike Fratantoni, Chief Economist at the Mortgage Bankers Association (MBA), points out: “Once the Fed kicks off a rate-cutting cycle, we do expect that mortgage rates will move somewhat lower.”
And any upcoming Federal Funds Rate cut likely won’t...
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How the Federal Reserve’s Next Move Could Impact the Housing Market Now that it’s September, all eyes are on the Federal Reserve (the Fed).
08/31/2024
Ristine Team Real Estate News for you.
Want to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too? The biggest missteps are pricing a house too high, skipping repairs, not being objective, and not being willing to negotiate. And the best way to avoid falling into any of these traps is to partner with a trusted real estate agent who knows exactly what to do. Let’s connect so you have someone to lean on for advice.
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How To Avoid Today's Top Seller Mistakes Want to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too?
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