Hazel Webb

Happy First-Time Home Buyer Friday!

Did you know that you can lock your rate in for up to 90 days (and 90 more if you need to)? If you’re worried about rates fluctuating, this is the program for you. Find out more about Rate Secured at the link down below, or send me a message and let’s chat!

https://www.churchillmortgage.com/rate-secured?mlo=583638

🏦💵📈 THE FED HOLDS RATES STEADY FOR THE FOURTH MEETING OF 2025

The Federal Reserve has maintained its “sit-and-wait” approach when it comes to any federal funds rate cuts, leaving it between its current rate of 4.25%-4.50%. This is the fourth time this year that the Fed has maintained rates, succeeding three rate cuts in late 2024.

With steady unemployment, strong consumer spending, and solid business activity, there are no immediate signs of an economic slowdown. Inflation remains a key focus, as projections for inflation, unemployment, and GDP growth were slightly raised. Still, the Fed remains confident in its current decision to hold off on changes, continuing to monitor conditions closely.

Have questions about how the federal funds rate impacts mortgages? Let’s chat! While mortgage rates aren’t directly tied to Fed decisions, I can help you understand what makes the most financial sense for your situation.

🤔 Looking for a home in the Pacific Northwest? Look no further! Take a look at a list showing the fastest-growing hotspots in our area.

If any of them catch your eye, you know where to find me! Send me a message and let’s talk about getting your future rolling.