The Federal Reserve has lowered the target range for the federal funds rate by a quarter-percentage point to 3.5% to 3.75%. The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting – Stephen I. Miran sought a half-percentage point cut…
Interest rates held steady this week, even as markets anticipate a potential rate cut at the Federal Reserve’s December 10th meeting. With mortgage rates trending lower, this may be the right moment to reassess your home’s value. KCdesi Prime Partner Sandy Herrick is available to guide you with trusted insights and local expertise. Reach out to Sandy with any real estate questions as Kansas City heads into the winter chill.
The perceived probability of a Federal Reserve interest rate cut next month has jumped dramatically after top officials closely allied with Fed Chair Jerome Powell expressed support for further rate cuts. New York Fed President John Williams, a permanent voter and key voice on the rate-setting Federal Open Market Committee (FOMC), said on Nov. 21…
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The 5 steps when buying a home!! Prepare your finances 1. Avoid taking out any new loans or opening credit cards. Get pre-qualified 2. This will give you a sense of what you can afford in as little as 5 minutes. Get Pre-approved 3. A loan officer will verify your…
