The Friday Intel | 07.24.26: The $321 Cost of a Fed "Hold"

Send us Fan MailThe Federal Reserve held its benchmark rate steady for a fourth straight meeting in June — but Westchester County home costs didn't hold still at all. This week, The Friday Intel runs the actual math: a 30-year mortgage rate that just hit 6.55%, the highest in nearly a year, layered on top of a Westchester median home price that crossed $999,000, up 16.2% year over year. We calculate exactly what that combination costs a buyer on a real loan, and why "the Fed held" is not the same thing as "your housing costs held."In This Episode:0:00 — Cold Open0:30 — Intro and Context1:30 — The Data: the rate, the median price, and the sales slowdown3:30 — The Surprise: why a Fed hold isn't a pause button on your costs5:00 — What This Means For You6:00 — CloseSources: U.S. News (national mortgage rate data), Federal Reserve FOMC statement, Houlihan Lawrence Q2 2026 market report via Westfair Communications.Leave a review on Apple Podcasts or share with a neighbor.Support the showI Live Here Westchester is a production of I Live Here Media.We spotlight the voices, visionaries, and stories that make Westchester County more than just a place to live—it’s a place to belong.Have a guest suggestion or want to partner with us?Email: [email protected]: www.iliveheremedia.comFollow us on Instagram: @iliveheremediaSubscribe, rate, and share to support local storytelling.