Why Now is the Right Time to Buy a New Home
Posted on Monday, October 21, 2024
Great news for prospective homebuyers — interest rates are down! The Federal Open Market Committee (FOMC) decided to lower its key policy rate by 50 basis points, marking the first interest rate cut since the outset of the Covid pandemic. Basis points are a common unit of measure for interest rates. That's extra cash in your pocket to use for furnishing, savings ...
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