Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk the latest Fed meeting. The CME has a Fed watch tool and the likeliness of a rate reduction is very low until June. Ultimately, borrowers should not be waiting for rates to reduce to make a move on a property. If you’re on the fence to buy and you’re waiting on the Fed or Trump to influence rates, it’s not going to happen. But they did say they are going to hold rates, with Powell commenting that inflation remains somewhat elevated. Listen in as we discuss this and more!
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