The Brownstone Group's Email Newsletter
August 16th, 2024
Dear Reader,
Good news for home buyers and sellers! Mortgage rates have taken a positive turn this week, trending downward once again to below 6.5%! Two recent economic reports indicate that inflation is continuing to ease, reassuring investors who fund the majority of home loans. As a result, there's growing confidence that the Federal Reserve may begin cutting rates as early as September 18. If you have any questions regarding the housing market, please reach out and I will be happy to answer them for you.
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