03/20/2024
In the second Federal Reserve meeting of the year, the Fed announced that they will keep the federal funds rate steady for the fifth straight time.
- The federal funds rate has held steady in the range of 5.25% to 5.5%. (NOT the same as mortgage rates).
- Inflation is moving down gradually toward 2%.
- The job market is cooling but continues to show signs of strength.
Rate stability is better than a rate hike, and real estate still remains a strong and secure investment!
Date the (Interest) Rate and Marry the House!