WHAT A RATE CUT MEANS FOR HOME BUYERS
Daryl Fairweather, a Bizconnect real estate contributor and the chief economist at Redfin, was cautiously optimistic in her predictions earlier this summer, advising home buyers to watch carefully.
“The way down for mortgage rates will likely be bumpy as economic data continues to roll in, and the Fed’s actions will play a significant role in determining the path for mortgage rates,” Fairweather said last month.
