What Fed Rate Cuts Mean For Home Buyers In 2024. In the context of 2024, the federal reserve's rate cuts are expected to decrease inflationary pressure, which, combined with a falling federal funds rate later in. What 2024 fed decisions could mean for home buyers.
Just about every corner of the economy was affected as the fed raised benchmark interest rates from around zero in early 2022. Experts agreed, however, that mortgage rates would not return to levels of between 2% and 3% enjoyed by homebuyers as recently as 2021.
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