Welcome back dreammakers! In this episode of “Today in Mortgages,” we talk about the results of the Fed rate cut meeting: 50 basis points. How did that news affect the markets? We discuss the aftermath along with today’s article from Fox News “Will the Fed rate cut bring down mortgage rates?” Obviously, we got a bigger rate cut than we were expecting, but we didn’t see big mortgage rate cuts yesterday. This morning mortgage markets have turned around, considering it takes a little bit of time for these changes to hit the streets. The focus is moving to affordability and supply issues on housing now that we know rates are coming down. Ultimately, mortgage rates are moving in the right direction, start talking to your borrowers about what this means for them, Listen in as we discuss this and more!

Listen in to learn about this and more!

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