No Relief For The Housing Market As The Fed Pauses Rates

While interest rates may stabilize soon, there's no indication of rate cuts, so borrowing costs, including for buying homes, are expected to remain relatively high. The decision to pause reflects a data-driven approach, with the Fed monitoring the long-term effects of previous rate hikes. Some experts believe further rate hikes might be needed to combat inflation, while others think they may wait to assess the situation. The Fed aims to balance inflation control without causing a recession. A downturn could eventually lead to rate cuts, benefiting homebuyers but potentially affecting the housing market with increased inventory and lower prices. However, many homeowners may hold onto low-interest loans, reducing their willingness to sell or refinance.
When The Housing Market BURSTS: https://youtube.com/live/_gsOymz9Szk
HUD Pumps $256 Million Into The Housing Market: https://youtube.com/live/SxzuguAOFEo
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