Housing Market Joy After Fed Hints at 2024 Rate Cuts

The Federal Reserve has put a little joy into the hearts of homebuyers this Holiday season. The December FOMC meeting closed with no rate hike, and instead hints of rate cuts next year. That drove the stock market up, with bond yields and mortgage rates coming down... ...And if you want even lower rates, the San Antonio and Jacksonville property teams listed on the Real Wealth website offer investor loans under 5%. Check it out at newsforinvestors.com. And if you want to better understand why home prices went up in 2023 in spite of rates reaching nearly 8%, check out my 2023 Housing in Review webinar under the Learn tab at newsforinvestors.com. You can read more about what the Fed is doing with rates and the impact on the housing market by following links in the show notes at newsforinvestors.com. I also encourage you to sign up for a free membership at RealWealth if you want to know more about how you can invest in real estate. It only takes a few minutes to sign up and will give you access to our housing market data, hundreds of webinars, a long list of recommended real estate professionals including our experienced investment counselors, and other individual investors like yourself!   Also, please remember to subscribe to this podcast, and leave a review!   Thanks for listening! Kathy Fettke   Links:   1 - https://www.housingwire.com/articles/what-fed-rate-cuts-in-2024-will-mean-for-homebuyers/#:~:text=Expect%20lower%20mortgage%20rates&text=%E2%80%9CThe%20commentary%20about%20three%20expected,to%20fall%20faster%20throughout%202024.   2 - https://www.housingwire.com/articles/a-sub-7-mortgage-rate-brings-holiday-cheer/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=286605320&_hsenc=p2ANqtz--FZgqJL79wRXEPZnADaFjRLw88Up8yFwiMcYWKDVQ_g2ms9TGufl6nDuARn7ByZAEgJ8NZrziI_p37W0SeGBlKb204eA&utm_content=286605320&utm_source=hs_email   3 - https://www.freddiemac.com/pmms   4 - https://www.marketwatch.com/story/powell-surprises-with-a-dovish-turn-economists-debate-how-many-fed-rate-cuts-in-2024-7fe36a65?mod=economy-politics