Tag: Rate Cut

  • Potential rate cuts could impact year-end market activity

    Potential rate cuts could impact year-end market activity

    As of August 2024, mortgage rates are holding relatively steady, with the average 30-year fixed-rate mortgage hovering around 6.5%, according to Freddie Mac. This steadiness comes as the Federal Reserve signals potential interest rate cuts in response to cooling inflation and a slowing job market. Analysts predict that the Fed might begin cutting rates as… Read More