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Wondering how the new Fed rates will be today? Also I am finally on the lookout to buy a house but it seems bleak already. 😑
Well, if you didn’t get the news, they dropped by 0.5%. However, mortgage rates aren’t directly impacted by fed funds rates, so it’ll probably take some time for rates to come down.
I hope we get there though. If we get <5%, I’ll probably consider moving and/or cash-out refi, but we’re still a ways from that.
