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Prospective homebuyers could soon see interest rates drop thanks to a cut to the Federal Reserve’s key benchmark, but some experts say tight supply and overwhelming demand are still likely to lead to a tough market for those in California. https://t.co/T3hN1YNRCL
For the first time in more than four years, the Federal Reserve is getting ready to cut interest rates, which could impact everything from U.S. stocks to bonds to savings accounts. https://t.co/AdYIPcBoqc
Prospective homebuyers could soon see interest rates drop thanks to a cut to the Federal Reserve’s key benchmark, but some experts say tight supply and overwhelming demand are still likely to lead to a tough market for those in California. https://t.co/T3hN1YNRCL
The Federal Reserve is preparing to cut interest rates for the first time in over four years, a move expected to impact various sectors including housing, stocks, bonds, and savings accounts. Experts predict that the rate cuts could lead to more affordable homes, potentially attracting out-of-state buyers to markets like Rhode Island due to relatively cheaper property prices. However, despite the anticipated drop in interest rates, the housing market in California may remain challenging due to tight supply and high demand.
