#realestate #mortgage #loanofficer #buyincalifornia | Here’s When the Fed Could Cut Interest Rates in 2024
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Inflation reports in mid February exceeded expectations, leading to immediate mortgage rate hikes.
After raising the federal funds rate 11 times, the Fed aims for 3 quarter-point cuts by end of 2024.
Despite hopes for a buoyant housing market, recent inflation data has caused concern and led to market sell-offs.
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