FED Decision 2025: Which Path Will Rate Take Next Year?

Today in Mortgages

Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about whether economic headwinds are reducing our opportunity for rates cuts in 2025. We are anticipating a rate cut tomorrow, which is widely expected and will likely not cause any change to mortgage rates.
Today's article is from YahooFinance.com "The Fed could be on the verge of ripping up its rate script for 2025" which was to continue reducing the Fed fund rate. Its been skewed because CPI hasn't budged around the 2.7% mark, instead of the 2% they've been wanting to see.
Rates effect our business but we've learned to look beyond them. People still have to move, especially for job and family changes. Redfin predicts 10% increase in home prices next year. We are training our people on how to handle this economic cycle we are in. Listen in as we discuss this and more!

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