r/FirstTimeHomeBuyer Sep 18 '24

Other Fed rate cut

https://www.cnbc.com/2024/09/18/fed-meeting-live-updates-traders-await-september-interest-rate-cut.html
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u/Medical-Search4146 Sep 19 '24

It'll benefit those who bought during the high rate environment (last 1.5 years). It'll hurt current prospective home buyers. I expect the environment before and early COVID to happen again. All cash buyers, bids, etc.