📉 The Fed Didn't Raise Rates… So What Does That Mean for You?

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📉 The Fed Didn't Raise Rates… So What Does That Mean for You?

The Federal Reserve just decided to keep interest rates steady—for the seventh straight time.
While that might sound boring, it has real impacts on your money—especially if you're thinking about buying a home.

🧠 Here's the deal (in plain English):

• Mortgage rates didn’t go up—but they haven’t dropped dramatically either.

• The Fed is waiting for more signs that inflation is slowing down before making any big changes.

• Experts are now predicting only one rate cut this year—and possibly not until December.

📣 Why it matters:
Even without a Fed rate cut, mortgage rates have already been trending lower in recent weeks. But they’re still unpredictable—and tied closely to inflation and Fed decisions.

 

✅ What should you do?
Don’t rely on headlines alone. Every buyer’s situation is different.
Talk to your mortgage consultant before making a move. They can help you make sense of today’s news—and how it affects your buying power.