Fed Holds Rates Steady: What It Means for Housing and Mortgage Rates | Tom’s Take 439

The Federal Reserve didn't cut rates in July — and for the first time since 1993, there was dissent within the Fed. Two governors voted against holding steady, signaling a shift may be coming. What does this mean for the housing market, mortgage rates, and your buying or selling plans? In this video, we break down: What happened at the July Fed meeting Why housing was barely mentioned The likelihood of a rate cut in September How mortgage rates are reacting What buyers and sellers need to know for the rest of 2025 We also discuss potential scenarios for 2026 and tips for navigating today’s real estate market — including options for buyers using jumbo, FHA, and PFHA loans.