Fed Holds Rates Steady: What It Means for Mortgage Rates Now shorts [eyFe4hdsLvE]
The Fed met July 29th and left rates unchanged. Does that mean mortgage rates are coming down? Not necessarily. Mortgage rates are influenced by the bond market, inflation, and the overall economy, not just Fed decisions. The market often prices in expected moves before the meeting even happens. Buyers are continuing to move forward in this environment. If you have been waiting to time the market perfectly it may be worth a conversation about your options. Every situation is different. Reach out anytime. #FederalReserve #MortgageRates #HomeBuying #MortgageTips