- Housing News
- November 7, 2024
The Fed Made Another Rate Cut. Should Homebuyers Expect Lower Mortgage Rates?
Despite the Fed's interest rate cut, mortgage rates may not move down as quickly as many homebuyers had hoped.
Clare Trapasso is the editorial director at New American Funding. She was previously the Executive News Editor for Realtor.com and a reporter for a Financial Times publication, the New York Daily News, and the Associated Press. She also taught journalism courses at several New York City colleges. She loves dogs, hiking and kayaking, and New York pizza.
Despite the Fed's interest rate cut, mortgage rates may not move down as quickly as many homebuyers had hoped.
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