Will the Fed Cut Rates in July? What It Means for Housing and Mortgage Rates | Tom’s Take 434

The Federal Reserve recently held interest rates steady, but the pressure is mounting. Two key Fed governors are signaling that a rate cut could happen as early as July. In this video, we break down the latest Fed meeting, the implications of the updated dot plot, and what Chair Jerome Powell's "wait and see" stance means for the economy. We also dive into how these developments could affect mortgage rates, real estate trends, buyer competition, and housing inventory—especially in markets like Greater Philadelphia. If you're a buyer waiting for lower rates, this summer might be your window of opportunity before the market heats up again. ✅ Learn what to watch over the next 60 days ✅ Understand the real impact of a potential rate cut ✅ Discover why now might be a strategic time to buy